Home / Knowledge / News / Apparel/Garments / E-tailing leads non-travel ecommerce transactions in India
E-tailing leads non-travel ecommerce transactions in India
23
Mar '15
E-tailing accounted for 76 per cent of the non-travel transactions in the technology driven India’s ecommerce market, says a latest report.
 
The ‘Digital Commerce Report 2014’ released by the Internet and Mobile Association of India (IAMAI), said digital commerce market in India has registered an average growth of almost 35 per cent since 2010.
 
“Total digital commerce market in India was valued at Rs 53,301 crore in December 2013 and it grew at 53 per cent through 2014 and reached Rs 81,525 crore by the end of December 2014,” the report said.
 
The report estimates India’s ecommerce industry to grow further at a rate of 33 per cent and cross Rs one lakh crore by the end of 2015.
 
The report maps travel, e-tailing, financial services, matrimony & classifieds, and other services.
 
“Online travel in India, over the years has been the largest digital commerce segment in terms of revenue generation. However, online retail is catching up fast and is expected to match online travel in revenue by 2016,” states the report.
 
Online travel by Internet users accounted for 61 per cent of the digital transactions in 2014, and non-travel transactions contributed to the remaining 29 per cent in value. E-tailing accounted for 76 per cent or Rs 24,046 crore of all non-travel transactions in 2014.
 
Apparel, footwear and personal items generated 20 per cent or Rs 4,699 crore of all e-tailing transactions in terms of value, last year.
 
The report also found that cash-on-delivery (COD) is one of the key growth drivers for the growth of online retail and is estimated to account nearly 50 per cent online retail sales. (RKS)
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 23rd Mar 2017

UK's National Living Wage to be £7.50 from April 2017

The National Living Wage in the UK for workers aged 25 and above is...

Textiles | On 23rd Mar 2017

Trutzschler launches Toyota-Truetzschler comber machine

Trutzschler, one of the world's leading textile machinery...

Jeff Bezos (L) and Amancio Ortega. Courtesy: Forbes

Apparel/Garments | On 23rd Mar 2017

Amazon founder Jeff Bezos is world's 3rd richest man

The biggest gainer and the third richest man on the Forbes' 31st...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search