Growth of E-Commerce in India

Global e-commerce is forecast to double to $1.9 trillion by 2020, as consumers in populous countries like India and China prefer to shop online to avoid crowded malls. Online shopping has made significant strides in the Indian retail trade segment, outlining a shift in consumer transactions.

The online shopping industry has grown a lot over the past several years, ending up as a significantly mainstream line of business. E-tail shopping has been aided by lower web costs and rapid growth in broadband penetration, as well as consumer acceptance of electronic businesses as a convenient and safer alternative to traditional brick-and-mortar retailing.

In recent years, India has emerged as the fastest growing economy on the planet. According to financial analysts, India is the only country that can handle the growing economic expansion of the mighty Dragon China.

According to CSO (Central Statistical Organization) and…

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