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    E-Commerce in India: By: (Group - 2)

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    Sapan Shah
    E-commerce in India is growing rapidly at an average of 70% annually. There are two main types of e-commerce: multi-product sites that offer various goods and services, and single-product sites that focus on specialized areas like automobiles, real estate, or gifts. While e-commerce has great potential for growth in India due to factors like rising incomes and internet access, it still faces barriers such as a lack of infrastructure, taxation issues, and gaps in legal/regulatory frameworks. If India's e-commerce market grows to match the US proportional to population, it could reach $500 billion.

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    E-Commerce in India: By: (Group - 2)

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    Sapan Shah
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    E-commerce in India is growing rapidly at an average of 70% annually. There are two main types of e-commerce: multi-product sites that offer various goods and services, and single-product sites that focus on specialized areas like automobiles, real estate, or gifts. While e-commerce has great potential for growth in India due to factors like rising incomes and internet access, it still faces barriers such as a lack of infrastructure, taxation issues, and gaps in legal/regulatory frameworks. If India's e-commerce market grows to match the US proportional to population, it could reach $500 billion.

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    E-commerce in India is growing rapidly at an average of 70% annually. There are two main types of e-commerce: multi-product sites that offer various goods and services, and single-product sites that focus on specialized areas like automobiles, real estate, or gifts. While e-commerce has great potential for growth in India due to factors like rising incomes and internet access, it still faces barriers such as a lack of infrastructure, taxation issues, and gaps in legal/regulatory frameworks. If India's e-commerce market grows to match the US proportional to population, it could reach $500 billion.

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    Attribution Non-Commercial (BY-NC)
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    18 views12 pages

    E-Commerce in India: By: (Group - 2)

    Uploaded by

    Sapan Shah
    E-commerce in India is growing rapidly at an average of 70% annually. There are two main types of e-commerce: multi-product sites that offer various goods and services, and single-product sites that focus on specialized areas like automobiles, real estate, or gifts. While e-commerce has great potential for growth in India due to factors like rising incomes and internet access, it still faces barriers such as a lack of infrastructure, taxation issues, and gaps in legal/regulatory frameworks. If India's e-commerce market grows to match the US proportional to population, it could reach $500 billion.

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    E-COMMERCE IN INDIA

    By: (Group 2) Aditya (1020005) Nikhil (1020023) Sapan (1020032) Kunal (1020018) Nischal (1020024) Hitesh (1020060)

    E - Commerce
    E-commerce stands for electronic commerce and pertains to trading in goods and services through the electronic medium, i.e. the Internet or Phone It are two types of services provided in E-Commerce

    based on the types of products:


    (1) Multi Product E-Commerce (2) Single Product E-Commerce

    Multi Product E-Commerce


    Almost all categories of goods and services in a single site The most popular examples are www.indiaplaza.com www.thebestofindia.com www.khoj.com www.sify.com www.rediff.com

    www.indiatimes.com

    Single Product E-Commerce


    Some Indian portals/websites deal in a specialized field, like
    Automobiles: www.indiacar.com Stocks & Shares: www.equitymaster.com Real Estate: www.indiaproperties.com Travel & Tourism: www.incredibelindia.com Gifts: www.indiagiftsportal.com Matrimony: www.shaadi.com Employment: www.naukri.com

    E-Commerce in India
    Indias E-commerce market is growing at an average rate of 70 percent annually and has grown over 500 percent since 2007

    India e-commerce market to cross Rs 46,000 crore in 2011

    Facilitators of E-Commerce in India


    INFORMATION DIRECTORIES
    Directories giving trade details on almost any topic Some sites like www.trade.indiamart.com, http://in.indiatimes.com/ BANKS Net Banking / Phone Banking Credit Cards / Debit Cards

    Barriers to E-Commerce in India


    Taxation
    Limited Internet access among customers and SMEs Poor telecom and infrastructure for reliable

    connectivity Multiple gaps in the current legal and regulatory framework Multiple issues of trust and lack of payment gateways

    US vs. India
    If US has the same population would be then it having

    almost $500 Billion E-Commerce market

    Potential for E-Commerce in India


    Indias Population will be more affluent

    GDP will grow 5 times by 2030


    Rapid growth of Tier-2 cities 98% increase in Rural Internet Users in 2012

    84% increase in Mobile Internet Users in 2012


    Urban population increases by 90 million each year 45 million Debit Cards issued yearly

    Government initiatives like UID for electronics payment

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