India’s e-commerce Industry Likely To Hit 6-billion Dollar Mark Next Year
Advertisement
Taking a jump of 70%, e-commerce industry in India is projected to reach $6 billion in 2015.
Praveen Sengar, research director at market research firm Gartner, said, “digital commerce in the country is still at a nascent stage, representing less than 4 percent of the totalretail market , but it is one of the fastest growing e-commerce markets in the Asia-Pacific region, Enterprise Innovation reported.”
The market research firm said that mobile commerce is also growing rapidly and marketplaces, consumer product goods, and food and beverages companies have started investing in mobile commerce.
At present, less than 5% of totaldigital commerce takes place through mobile, but Gartner believes that it will increase with growing penetration of affordable smart devices with Internet connectivity.
Advertisement
Advertisement
Praveen Sengar, research director at market research firm Gartner, said, “digital commerce in the country is still at a nascent stage, representing less than 4 percent of the total
The market research firm said that mobile commerce is also growing rapidly and marketplaces, consumer product goods, and food and beverages companies have started investing in mobile commerce.
At present, less than 5% of total
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Vodafone Idea FPO allotment – How to check allotment, GMP and more
- RCRS Innovations files draft papers with NSE Emerge to raise funds via IPO
- India leads in GenAI adoption, investment trends likely to rise in coming years: Report
- Reliance Jio emerges as World's largest mobile operator in data traffic, surpassing China mobile
- Satellite monitoring shows large expansion in 27% identified glacial lakes in Himalayas: ISRO
- Vodafone Idea shares jump nearly 8%