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Dynamic e-commerce scenario

The $ 3 billion Indian e-commerce industry is buoyant. E-bay which has been in India for nine years, hosts 50,000 sellers on its platform of which 15,000 sell their products across the globe. The main sellers on this platform comprise  artisans and craftsman who export their product using the e-bay service. Latif Nathani, Managing Director, E-bay, pointed this to be in line with India’s Make-in-India policy. He pointed to significant expansion plans to meet the growing demand as well as plans to foray into the mobile web and mobile app.

On the other hand global giant Amazon’s India wing has planned an innovative method to fulfill last mile delivery. Working professionals who cannot collect their deliverables can soon pick them up from the nearby grocery store. This will also help in increasing the footfall to local grocery shops. Amazon also has evinced plans to set up data centers to tap into the multi-billion dollar cloud market in India. These are expected to be set up by end 2015. Also on the table is a deal with IRCTC, government-owned ticketing service, to sell their products.

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