The industry’s profit jumped from rs 1500 cr in 2007-08 to nearly USD 3.1 billion (Rs 13,900 crore) in 2012-13 – or a compounded annual growth rate of 56%.
Chairperson of Industry Research, Rahul Prithiani, claims that organized online retailing will increase to around 18% in 2016 from nearly 8% as of now. In the US and the UK, the share of online retail is around 9-10%.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.