Amit Daga's Blogs & Publications

According to Morgan Stanley, the past year’s e-commerce sales were approximately billion with probability of the market expanding up to seven times higher According to the Central Statistics Organisation (CSO) and International Monetary Fund (IMF), with various positive factions thriving, including that of E-Retail,India has emerged as the fastest growing economy in the world. As recent as few years, India has noted a constructive rise in people venturing out for online retail. The past year’s ecommerce sales were approximately $16 billion with chances of market expanding up to seven times higher, according to Morgan Stanley. Channelized by this robust investment in the sector and swift increase in the number of netizens, various agencies predict that Indian e-commerce sales are expected to reach US$ 120 billion by 2020. Three of the main driving factors to supplement this rise would be the inculcation of niche players, role of FDI and GST and how e-retail is changing the face ...