Finance

India Could Lead the World in E-Commerce Growth

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Investors should consider exposure to India’s technology sector, touted by EMQQ Global founder Kevin Carter as a prime growth area in e-commerce. Carter highlighted the INQQ India Internet ETF, launched in 2022, which has risen nearly 21% this year. Among the top picks is Zomato, often referred to as the “DoorDash of India,” with a remarkable 128% stock increase this year. Carter attributes Zomato’s success to a booming quick commerce business and emphasized the vast potential of a population that is increasingly gaining internet access and digital technology.

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