Introduction to E-Commerce Export Hubs
India’s e-commerce landscape is witnessing a significant transformation as five firms have recently submitted applications to the government to establish dedicated e-commerce export hubs. These hubs are expected to streamline the export process and enhance India’s competitiveness in the global market.
Locations and Operations
Out of the proposals, two e-commerce export hubs will be located in and around the Delhi airport, with operations slated to commence in February next year. This strategic placement capitalizes on the airport’s logistical advantages, promising faster delivery times and improved access to international markets.
The Global E-Commerce Landscape
Currently, global e-commerce exports are valued at an impressive $800 billion, with major players like India and China making significant contributions. While China’s export market is estimated at around $250 billion, India’s share stands at approximately $5 billion, indicating a vast potential for growth. The establishment of these export hubs presents an opportunity for India to enhance its export capabilities and capture a larger segment of the global market.