It is gathered that the online services in India, including shopping, is expected to increase 10 fold in the next 5 years for a business worth Rs. 3 Lakh Crores!
The latest report from the company UBS reveals that with the increasing number of internet users every day, the growth of online trading has become simpler & quicker.
The report also mentions that the growth of IRCTC, Indian Railway’s website & services, is a direct indicator for the demand in growth of online trading services.
The report mentions that the feature that internet trading service can be started with less capital & less time has led to its phenomenal growth.