Wirefoot
Share
Wirefoot is India’s leading independent provider of research and analysis for client’s competing in the “online” arena. The Company's core business is in developing unbiased analysis of significant industry trends, developments, and best practices which are in turn used to assist customers in successfully executing various online initiatives.
10/08/2011
Sales growth rate of E-commerce (Worldwide)
The current online shoppers base in India is 34.5 million, 6.5 million more than last year’s figure of 28 million. The rest 78% online shoppers only search for products online.
India’s National Per Capita income is US$ 2,880, so for a population of 7.72 million it is calculated to be US$22 Billion. So if, only 10% is being spent on the online spend, it still calculates to be US$2 Billion.
E-commerce is on its upswing in India with 35-40% growth rate in Online retail sector, retailers are going online to optimize their business. E Commerce is expected grow to INR 46,520 crores in 2011. E-tailing is about to reach to 3000 crores in this year.
Click here to claim your Sponsored Listing.
Category
Contact the business
Telephone
Website
Address
Gurugram
122001
