Shein’s India re-entry signals upside for ecommerce and logistics, says Delhivery CEO
Delhivery’s CEO said Shein’s return to India bodes well for the country’s ecommerce market, pointing to potential demand growth for online fashion retail and fulfilment networks.
Delhivery CEO said Shein’s re-entry into India bodes well for the country’s ecommerce market, signalling potential upside for online retail demand and associated logistics activity.
Why this matters
The signal follows recent resurfacing of Delhivery CEO comments from May 2023 that framed a potential Shein India return as an ecommerce tailwind.
Retail-brand signals are accelerating, up +98450% QoQ.