ASSOCHAM (Association of Chamber of Commerce, India) has informed that the e-commerce revenue will shoot up to Rs. 12000 Crores in 4 years.
Currently, e-commerce revenue is Rs. 3000 Crores.This is likely to quadruple by the year 2020.
The main reason for this phenomenal business rise is attributed to the keen interest shown by the younger generation in buying a variety of items online.