The 54th Annual Meeting of the World Economic Forum (WEF), held from January 15th to 19th, 2024, bestowed its grand stage upon the picturesque Davos-Klosters in Switzerland. India, with its resplendent growth story, digital public infrastructure landscape, burgeoning startup ecosystem, and expanding energy sector, commanded a significant presence at this prestigious event. India's impact reverberated throughout the summit, with the country proudly showcasing its accomplishments through three exclusive lounges: the India Engagement Centre, the Experience India Centre, and the India Investment Centre.
The 54th Annual Meeting of the World Economic Forum (WEF), held from January 15th to 19th, 2024, bestowed its grand stage upon the picturesque Davos-Klosters in Switzerland. India, with its resplendent growth story, digital public infrastructure landscape, burgeoning startup ecosystem, and expanding energy sector, commanded a significant presence at this prestigious event. India's impact reverberated throughout the summit, with the country proudly showcasing its accomplishments through three exclusive lounges: the India Engagement Centre, the Experience India Centre, and the India Investment Centre.
The Indian consumer market is evolving rapidly, influenced by urbanization, higher income levels, and the development of new urban lifestyles. By 2025, India is set to become the fifth largest consumer market in the world. One of the most significant trends shaping the Indian consumer market is the rise of e-commerce. Online shopping, or E-tailing, has seen a surge in recent years due to its unique advantages for both consumers and retailers, such as round-the-clock shopping facilities, reduced overhead expenses, and a wide range of product offerings.
