ENA Sectors 2024-05-22 13:42:07 <p><span style="font-size:14px"><strong>New Delhi, May 22 (KNN)</strong> Dubai-based Pluugin E-commerce has announced ambitious plans to expand its operations in the Indian market.</span></p> <p><span style="font-size:14px">The company aims to create more than 2,100 new jobs in the country over the next three years.</span></p> <p><span style="font-size:14px">Currently present in 12 states, Pluugin E-commerce intends to achieve pan-India coverage within the next 12 months.</span></p> <p><span style="font-size:14px">Additionally, India will serve as the backend office for the company's global operations in Bangladesh, Nepal, and Sri Lanka.</span></p> <p><span style="font-size:14px"> We truly believe that every brand has the potential to be borderless in today's e-commerce landscape, and we intend to help them leverage this potential, with a strong focus on MSMEs, said Aparna Gupta, Founder &amp; Managing Director of Pluugin E-commerce.</span></p> <p><span style="font-size:14px"> Our strategic entry into the Indian market brings new growth opportunities within the e-commerce space, enabling a global presence for all 'Make in India' brands , reported ET.</span></p> <p><span style="font-size:14px">The e-commerce industry in India is experiencing rapid growth, expanding beyond metro cities into tier 2 and 3 areas.</span></p> <p><span style="font-size:14px">According to estimates, the Indian e-commerce market is expected to be valued at USD 112.93 billion in 2024 and is projected to reach USD 299 billion by 2029.</span></p> <p><span style="font-size:14px">Pluugin E-commerce's expansion into India is seen as a significant move to tap into the country's burgeoning e-commerce sector and support the growth of local businesses on a global scale.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 37904 https://knnindia.co.in/news/newsdetails/sectors/pluugin-e-commerce-to-expand-operations-in-india 2024-05-22 13:42:07 knnindia.co.in