India has an internet user base of about 137 million as of June 2012. The numbers of e-commerce is low compared to markets like the United States and the United Kingdom but is growing at a much faster rate with a large number of new entrants.
India’s e-commerce market was worth about $ 2.5 billion in 2009, it went up to $ 6.3 billion in 2011 and to $ 14 billion in 2012. About 75% of this is travel related (tickets, accomodation, online mobile recharge etc.). Online retailing comprises about 12.5%.
India has close to 10 million online shoppers and is growing at an estimated 30%. Electronics and Apparel are the biggest online retail categories in terms of sales. Demand for international consumer products is growing much faster than in-country supply from authorized distributors and e-commerce offerings.
After hearing all this, why wouldn’t’ DubLi be in India!?!
India’s retail market is expected to grow to $ 675 billion by 2016 and $ 850 billion by 2020. The e-commerce market in India is set to grow the fastest within the Asia-Pacific Region! To start, the Indian market will have use of DubLi’s Global Mall and Travel portals.
E-Commerce numbers in the giant market INDIA – Please click here to watch the video
To be at the right place at the right time – You can´t afford to miss it – see you in India…
Dubli Network Vice President