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2011: The year of eRetail

Indian online retail industry is expected to touch Rs Image7,000 crore by the mid of this year. The estimates were announced at the on-going two-day Indian eRetail Congress, in New Delhi.

“The online retail industry is evolving to create a bright commercial ecosystem. With 100 million internet users supporting the e-revolution, the total number of transactions in India is set to take a leap from the present 8-10 million to 40 million by 2015. It has been observed that Tier-II & Tier-III cities are joining the eRetail revolution” Gaurav Marya, President, Franchise India (an integrated franchise solution company, and organiser of the two-day Congress), was quoted as saying in an official communiqué.

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Posted by on March 13, 2012 in Feed Spot

 

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