Dropshipping is one of the trending business model in India as it is a cost-effective model for new entrepreneurs willing to start an e-commerce business. Dropshipping allows you to sell products online without having to worry about the inventory or shipping of products which makes it a low-risk business model for anyone just starting out.
The best part of dropshipping is that there is no upfront cost. You only have to buy product whenever your customers make a purchase on your store, which saves you more money.
India’s retail market is expected to grow to USD 1.2 trillion by 2021 from USD 795 billion in 2017 and e-commerce market is expected to grow from USD 24 billion in 2017 to USD 84 billion in 2021, making it the biggest ever opportunity for online retailers.
Indian e-commerce market is growing at a rapid rate than before; hence, making it a worthwhile market to dropship into.
For dropshipping, identifying and finding Indian suppliers that can provide you with dropshipping products is the first step in localizing your store for India consumers. Finding local suppliers in India will increase the likelihood of products being delivered on time.
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