E-commerce to generate 2.5 lakh Jobs in 2016
Advertisement
Advertisement
E-commerce is set to generate 2.5 lakh jobs this year. Hiring in the sector is expected to grow at 60-65%. Most e-commerce businesses have increased their turnover and will develop further, the Assocham report says. "E-commerce industry is likely to generate nearly 2.5 lakhs jobs in the online retail in 2016 including temporary employees, supply chain, logistics, ancillary units etc," it said.
India's e-commerce market went up to $17 billion in 2014 and to $23 billion in 2015. It is expected to touch $38 billion mark by 2016, it said.
There are nearly 3.5 lakh people working with e-commerce companies. Smartphone ownership and investment from retailers are fuelling the rapid growth of mobile-commerce in India.
Image credit: Indiatimes
Advertisement
Advertisement
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- 9 health benefits of drinking sugarcane juice in summer
- 10 benefits of incorporating almond oil into your daily diet
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market