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India will be biggest eCommerce market of the world, surge by mobile internet - Chitrangana.com
India’s leading eCommerce consulting company - Chitrangana.com expecting more larger vision of eCommerce by 2020. The consulting firm expecting the India will be worlds biggest eCommerce market by the end of 2020.
The senior eCommerce consultant, Mr. Nitin Lodha says, the demand of online shopping in Indian by year 2020 just after 5 year will be 15 times more than the current, and the current supplies and website are not able to handle the traffic and order delivery. The country right now has only 150 active site where the demand needs almost 7000 online retailer to cater consumer demand.
Chitrangana.com mentioned, the speed at which the India’s e-commerce industry has grown, and the way in which it is affecting businesses and consumers has come as a surprise to many: by the end of 2016, India will lead all other countries in B2C and C2C purchases. Nitin Lodha, Senior consultant at chitrangana.com and venture capitalist, was recently quoted as saying: “in other countries, e-commerce is about few billion order per day, but in India it will be equivalent to total GDP many developed countries” , and that is reason every big retail brand is looking toward Indian eCommerce industry, it is good for new startup that govt the policy is protecting the market from direct FDI involvement.
Essentially, India’s large and growing middle-class will become accustomed to making frequent e-commerce purchases by 2016. Furthermore, as in many longer-standing e-commerce markets, they are also developing online shopping awareness, Said Mr. Jayesh Shah, Head of eCommerce at chitrangana.com. He mentioned, In 2014, mobile transactions totaled 15% of total eCommerce business, whereas the start of 2015 received quick dumb by 150% in mobile transaction and at April 2015 mobile eCommerce transactions are reached 37.5% of total eCommerce business the country.
For more detail visit, http://www.chitrangana.com/
Chitrangana - eCommerce Consultancy Company