Last updated: Feb, 2013
e-commerce in India has been experiencing remarkable growth, successfully changing the way people transact. The online market space in the country is burgeoning in terms of offerings ranging from travel, movies, hotel reservations and books to the likes of matrimonial services, electronic gadgets, fashion accessories and even groceries. India is home to 3,311 e-commerce hubs, 1,267 rural hubs, 391 export hubs and 2,217 import hubs.
According to an Internet and Mobile Association of India (IAMAI) report, the overall e-commerce market in India has recorded a robust CAGR of 54.6 per cent and crossed US$ 10.0 billion during 2007-11. It is estimated to add another US$ 4 billion and reach USD14 billion by end-2012.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.