It’s no more a secret that India is one of the fastest growing economies worldwide, driven by the exploded adoption of the internet and mobile. The country has been marked as the second highest growth potential market. Consequently, investors and business owners have started pouring money into the market like never before.
A big chunk of the investment has been made in the e-commerce industry as investors are bullish about the growth potential of the market. A majority of investors ad bigwigs of the industry believe that e-commerce in India has only scratched the surface and the time to reap the most of it is yet to come!
IBEF (India Brand Equity Foundation) estimates that e-commerce industry in India will be worth $100 billion 2020, and online retail would account for the largest share of the market. From mere $3 billion in 2014, online retail industry in India would grow to become $70 billion by 2020.
The growth of online retail industry would be fueled by the increasing number of online shoppers. It is estimated that by 2025, 530 million online shoppers in India would buy products worth $220 billion.
Therefore,
- What are the driving factors that will help online retailers leverage the massive business opportunity in 2017?
- What are the major trends online players must watch attentively and strategize their business process accordingly?
- What are the best practices thought leaders of the industry suggest to retailers to employ to make the most out of the enormous opportunity in the online space?
eTailing India, one of the largest e-commerce conferences in India, gets the best brains of the industry under one roof every year to discuss and brainstorm on questions like above. All the guests get an opportunity to share their mind and ideas with speakers and other guests as well.
After the success of eTailingIndia Expo in Delhi and Mumbai, The 2017 Bangalore edition of eTailing India is around the corner, and more than 30 renowned speakers are set to fly to Bangalore. The future of OmniChannels – Online to Offline, The future of online marketplace, how to create an exceptional customer support channels, are some of the thoughts that would be discussed and debated during the 5th edition of eTailing India Bangalore.
