Page 43 - Edelweiss India Conference 2022 FLIPBOOK

New Energy Digital Manufacturing Capital Markets Human Capital

Growth of GTV will be driven by the major consumer internet sectors
GTV FY26 GTV FY26 CAGR Key Growth Drivers
Rise of Tier 2+ Customers supported by newer models like social commerce/video and
Online $ 41bn $140.160bn 28.31% enabled by growth in digital payments and logistics will continue to support the growth in
Retail
the sector
It will take some time before the travel economy reverts to pre-COVID-19 levels. As government has
Online started the vaccination drive, once protected from the virus, travel will resume, with accelerated
Travel $ 9.11bn $140.160bn 28.31%
growth trajectory
eGrocery $ 3.7bn $22.27bn 43-49% during COVID with many of them likely to stick around in future supported by increasing
competition that drives better prices and improving experience
• Evolving outside-eating habits (particularly, in smaller towns and cities) leading to new user
Food addition
Delivery $ 2.7-3bn $13-14bn ~36% • Adoption by lower-income cohorts, driven by adorable meal options
• Increase in number and quality of restaurant supply and prevalence of cloud kitchen, and
increasing availability of delivery executives
• Rise of multiple large platforms who are digitising the space
• Strong satisfaction from doctors and customers
E-Health $ 1.5bn $12-16bn 50-60%
• Platform initiatives to provide high quality experience. Vernacular support, mobility partnerships,
digital payments, hospital networks, at-home COVID testing and others
Source: Redseer Analysts and Estimates
Digitisation Changing the Way People Transact in India

Adoption of digital payments and enablement of digital identity through Aadhaar has
been the bedrock of digital evolution in India. The digital payment infrastructure in India

Payments Corporation of India (NPCI) – playing a momentous role.

Evolution of mobile payment landscape in India

Reduced Data Costs Launch of UPI
With launch of Jio 2016 Smartphones apparently 2017 QR Code Entry
Network, the data costs Demonetisation becomes the smartest Readability
reduced sharply post which device for banking becomes 10 times faster
net telecom spends by compared to barcode
customers fell by ~41% • Reduced cost of transactions Players like Paytm and others
support in making it ubiquitous

2014 2017
Smartphones Ongoing Evolution
Smartphones registered And the journey
over 50% growth in 2010 over continues… Launch FASTag
previous year becoming the
fastest growing market segment • Magnetic Secure Transmission
• Near Field Communication
• Features Phone-based Payments

2018
to
Wallet 2010 2021 COVID-19 Insurance
Popularity of wallets in Introduced by Key Players
India starts building • Tied-up with E-health Players
gradually • Innovative devices like Soundbox, Scan & Order
to Increase Consumer to Merchant Play
• Paytm Wallet launched in 2014 • OTP Less Card Payment

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