There is no doubt that Ecommerce is booming in India, the second largest populace country and as the literacy levels are steadily increasing so is the usage of internet. The market has recorded an abnormal growth of 40-45 per cent on a compounded aggregate growth rate basis vis-a-vis a global growth rate of 8-10 per cent, is likely to touch Rs 50,000 Cr this year says a recent study.

Nearly 80% of the country’s ecommerce activity is travel related, comprising of booking of airline and rail tickets, hotel bookings, bill payments and online mobile recharge, with online retailing taking in just about 15 per cent. Electronics and apparel are the biggest categories in terms of sales, the study said.

The future of Ecommerce market in India is quite promising and booming Internet service providers have aided lot more in accelerating growth of ecommerce. According to a McKinsey report in August the ecommerce transaction in India are expected to reach $100 billion. Further, eCommerce has innumerable scope in years to come. The major source of revenue is B2B transaction that has enjoyed drastic growth. Other advantages are low prices, time saved and virtual feel of products, only if the sites offer genuine goods then unlimited bloom can be forecasted.