Nomura India’s report from last month states that India’s e-commerce can explode from $10bn to $43bn in the next five years. The report cites 11 categories and 42 players within it, who are poised to shape the path.
Some insights:
1. The multi-category segment is the most sought after, this year with maximum risk and eyeballs
2. The top three players in the market – Flipkart, Snapdeal and Amazon are expected to do $4 billion in sales for this fiscal
3. The players are investing heavily in warehouse and delivery and some of them soon will be making acquisitions
4. Travel, Electronics, Fashion and Lifestyle form the largest categories.
LogicSpeak:
This growth trend that is being pointed out is a positive sign for other markets associated to e-commerce too. With the current trends in strategic acquisitions that the e-commerce players have undertaken, growth is definitely on the cards.
Source: https://bit.ly/1ndcfT1
