Category Archives: Technology

eCommerce In India is expected to more than double to over $34 billion by 2015

eCommerce In India is expected to more than double to over $34 billion by 2015.

India’s first e-commerce site, Fabmart.com (now IndiaPlaza) was founded in 1999. The internet, both in India and the world over, was a very different place and online shopping was almost non-existent. Today there are around 140 million Netizens in India, and more than 10 million of them are online shoppers.

Fuelled by a young and growing middle class with money to spend, India’s eCommerce sector is currently a $10bn market, one that is expected to more than double to over $34 billion by 2015. But the potential for the future is massive.

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