The past two years have seen a rise in the number o f companies embracing e -commerce technolgies and the internet in india. Major indian portal sites have also shifted towards e- commerce instead of depending on advertising revenue. Inspite of RBI regulation , low internet usage e-commerce sites have popped up everywhere , computers etc. E-commerce in India The cutting edge for business today is e-commerce. Most people think e commerce means online shopping. Providing a quick and convenient way of exchanging goods and services both regionally and globally, e-commerce has boomed. The travel industry has benefited hugely through the growth surge in e-commerce. According to IDC, online sales of airline tickets, car rentals, and hotel reservations make the travel industry one of the strongest e-commerce markets in existence today. E-Commerce transactions in India Year Total E B2C (Rs B2B ( Rs Commerce Crores) Crores) Transactions (Rs Crores
1998-1999 131 12 119
1999-2000 450 50 400
2000-2001 1200 100 1100
. It is expected that by 2003, more than 75 per cent of revenues of Internet business-to-consumer business would come from transactions Analysts also believed that one of every four non- resident Indians (NRIs) would make some form of purchase from India-based web sites by 2003. And it actually happened. Is e-commerce happening in India?
The Internet has created a new economic ecosystem,
the e-commerce marketplace, and it has become the virtual main street of the world. Growth of E Commerce in India It is being stated that in the case of business-to- business transactions, the Indian industry will reach online penetration of 5 per cent by 2003.YearTotal e- commerce transactions B2C B2B OBJECTIVES Some of the objectives to e-commerce adoption in India include the following:
This is a research study paper of e-commerce by
companies. This study is conducted to evaluate the perceptions , status and triggers on the use of e- commerce by indian companies. This survey has been conductes simultaneously in a number of companies in the asia -pacific region. This survey sample consist of more than 110 indian companies , 69 of which had a minimum turnover of INR 1billion, and 17 with annual turnover above INR 10 billion. This research is carried out by KPMG india that took place during late 1998 was refferred to while caarying out this research study. RESEARCH METHODOLOGY The research study was conducted both primary as well extensive Desk Research for this report. Secondary data sources were used to gain a comprehensive and in-depth understanding of the E- commerce market in india. These annual syndicated set of reports on the internet market in india are based on a large scale primary survey covering 65000 individuals across 26 cities in india . Information from various published resources and other research bodies were also used to perform a data validation check and also to reach at the final numbers. Primary Research was conducted using in -depth interviews with large and medium -sized B2C and C2C E -commerce players. FINDINGS Indian e-commerce market hosted US $3billion of transactions in 2011 . It is forecast that more than US$20 billion worth of transactions will be carried out online over next five to seven years in india and 12-15℅ of the country's shopping activities will move online. A total of 9million Indian internet users carried out online transactions in 2011. This number is predicted to reach 38 million by 2015. Online retail sales will reach US$2.4 billion in 2012, with the number of online buyers in the country. CONCLUSION The perception that trading on electronic channels cannot make money is challanged as incorrect , atleast in the Business -To- Business sector . E-Commerce raises major strategic issues and is accelerating developments in areas such as globalization , branding , customer services, and supply chain. This survey shows that the application of e- commerceand the internet in particular extend beyond marketing to all aspects of the supply chain.
Presented by - Yashasvi Kumar Gupta Roll No - 28905016001 Subect - Study Paper and Viva Voice Subject Code - Bba-681 Bba - 6B Presented To - DR Priyanka Jaiswal