In India E-commerce sales have shown a potential growth and analyst are expecting it to grow by 45.2 percent to USD 7.69 billion this year. Last year the retail e-commerce sales was USD 5.3 billion.
Big investors from India and abroad putting their money on various e-commerce ventures which had generated funds to the tune of USD 3 billion from individuals, companies and private equity firms.
A report issued by consulting firm Technopak pegs the USD 2.3 billion e- tailing market to reach USD 32 billion by 2020
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