Ecommerce industry to grow double in one year
Posted on: 10/Nov/2014 2:19:08 PM
According to recent findings, it is said that businesses done using online platforms via ecommerce websites will climb great heights and attain Rs 1,20,000 crore by next year in India. In our country, there is plethora of existing ecommerce websites and a number of new websites are popping out every day. These businesses are making huge profits and are growing on and on. This platform has currently arrived at a point of profit of Rs 62,000 crore. In another one year, this count is said to get doubled, say reports from Mothilal Oswal a renowned financial service company.
Owing to the increasing number of web users and simultaneous increase in interest towards online shopping, business personnel eye on these online platforms, the report adds. Considering just the online booking for tours and travels, this facet of ecommerce has seen a hike of 72 per cent.
