The Indian E-commerce industry has been on an upward growth trajectory and is expected to surpass the US to become the second largest E-commerce market in the world by 2034. India's e-commerce market has the potential to grow than four folds to US$ 150 billion by 2022 supported by rising incomes and surge in internet users. With growing internet penetration, internet users in India are expected to increase from 445.96 million in 2017 to 829 million by 2021. As of September 2019, internet subscribers in India stood at 687.62 million. E-commerce industry in India witnessed 21 private equity and venture capital deals worth US$ 2.1 billion in 2017 and 40 deals worth US$ 1,129 million in the first half of 2018. E-commerce and consumer internet companies in India received more than US$ 7 billion in private equity and venture capital in 2018. In India, 100 per cent Foreign Direct Investment (FDI) is permitted in B2B E-commerce under automatic route in marketplace model of E-commerce. As per the new FDI policy, online entities through foreign investments cannot offer the products which are sold by retailers in which they hold equity stake. The heavy investment of Government of India in rolling out the fiber network for 5G will help boost ecommerce in India.