BCG expects the e-commerce market to increase to $60 billion to $70 billion in the next three to four years.

The current size of the e-commerce market is $16 billion to $17 billion.

Business Standard referenced Retail 2020: Retrospect, Reinvent, Rewrite in articles on the unified payments interface developed by the National Payments Corporation of India (NPCI). The article specifically cited the report's findings that the size of the e-commerce market is currently $16 billion to $17 billion and is expected to increase to $60 billion to $70 billion in the next three to four years.

Business Standard