As the world knows that India is considered as the fastest growing eCommerce market as well as economy globally.
The revenue through eCommerce in India is expected to cross more than $80 Billion by 2022 and expected to cross $200 Billion by 2025 with a growth rate %.
Dropshipping industry play a major role in the rise of eCommerce industry in India as well as around the world and expected to cross $500 Billion by 2025.
“Innovation for the people and by the people is the direction of our New Bharat.“Mr Narendra Modi (Prime Minister of India)
Dropshipping Business Model in India
Whether you are living in India or anywhere else, Dropshipping business model has 3 major parts which we have mentioned below.
- Supplier(Wholesaler or Manufacturer)
- Retailer(Seller- You)
And yes you will need a dropshipping payment gateway if you are selling on your own website which is a little complicated process but not impossible.
You will surely need a dropshipping agreement with your supplier in order to get approved by a payment gateway.
How much does it cost to start a dropshipping business in India?
Be ready to invest atleast $500 / Rs 40000 at the initial stage, however the cost is depends upon the dropshipping company(if there is any subscription fee), your website(if you want to have one) and marketing budget.
You can also start for free by selling on number of online selling platforms & marketplaces in India which will help you to gain the necessary visibility at the initial stage.
But remember you will need a budget for marketing for sure.
White label drop-shipping India?
Yes, majority of the supplier will offer you to have your own brand name on the product.
Dropshipping Business Ideas in India
We have mentioned a helpful article below for the same but make sure to research from your end in order to run a successful dropshipping business.
Successful Dropshippers in India
Yes, there are number of successful dropshippers present in India right now which we have mentioned below.
Best products for Dropshipping in India
If you choose the right product, it can make your business successful overnight, so we have mentioned below the helpful article to find the best product.
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