Tata Group takes hold of ecommerce opportunities in India

Tuesday 30 September 2014 13:49 CET | News

Tata Group, an Indian companies conglomerate, is undertaking plans to tap into the local ecommerce market by launching a marketplace, reports.

Tata’s ecommerce marketplace for India is expected to launch in 2015 and could include its retail chains Westside, Croma and Star Bazaar initially, while working to also feature joint venture partner Zara.

The Indian ecommerce sector is forecasted to grow between USD 19 billion and USD 38 billion in yearly sales, according to market research company Technopak Advisors.

Check out our Cross-border Ecommerce Research section here for more info on country-specific ecommerce facts and figures, preferred payment methods, risk and fraud, as well as ecommerce legislation and regulation for mature and emerging markets.

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Keywords: India, Tata Group, companies conglomerate, ecommerce, Asia, market, retailer, customer, consumer, marketplace
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce