Investor Presentaiton
Multiple Tailwinds to Drive India's Low e-commerce Penetration Higher
Large Economy with High Growth Forecasted¹
Largest Young Population³ to Drive Digital Adoption
2021
2022
2024
8.7%
6.8%
6.8%
44%
49%
7%
29%
59%
12%
8.4 %
3.0%
4.5%
5.4%
2.7%
India to Become $5 Trillion Economy by 20262
~142 Million Additional Middle-Income Households by 20304
54%
~158
2018
2.5%
31%
Internet Users
78%
311
(In Millions)5
92%
~300
2030
Share of Middle-Income Households in overall population
makemytrip goibibo redBus
52%
Age 0-24
Age 25-64
Age 65+
2nd Largest Base of Internet Users5
1050
73%
% of Total Internet users to total poulation
7597
17%
1.4
Billion
50%
Internet Users in
India by 20305
3
Source: ¹IMF World Economic Real GDP Outlook January 2023, 2Government of India estimates ³CIA
World Fact book 2022 estimates, "World Economic Forum (January 2019), 5Statista estimates as of July
2023, 6World Bank Data, IAMAI Report (May 2023)View entire presentation