Traditionally, the retail and gifting industry has always had its busiest season during the Christmas shopping season. Not surprisingly, with the rise of the internet in the last 20 years, the rise of the gifting industry during the holidays has also experienced a precipitous rise in numbers. In the densely populated country of India, these numbers are even higher.
In the next five years, as technology improves internet connections and offers faster speeds, this trickle-down effect will also introduce faster delivery times and better logistics mapping. This will have a positive effect on India’s gifting industry with higher forecasted growth.
