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

Pic: Shutterstock

Apparel/Garments | On 21st Feb 2020

France unveils environment score system for apparel

France has launched a system under which apparel may now display a...

Pic: Shutterstock

Textiles | On 21st Feb 2020

Asia's largest textile distribution centre in PRC reopens

The China Textile City, Asia's largest textile distribution centre in ...

Pic: Shutterstock

Textiles | On 21st Feb 2020

Ind-Ra revises Indian textile outlook to negative for FY21

India Ratings and Research (Ind-Ra) has revised the Indian textile...

Interviews View All

Sonia Agarwal, Whitenife

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Nitin Bhatia, Trend Arrest

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Karel Williams, Dow Microbial Control

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Yogesh Kanani,

Yogesh Kanani

Incorporated in 1999, Purani Textiless Private Limited is a leading...

Tom Adeyoola,

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Cong Zheng,

Cong Zheng

The China Textile Machinery Association (CTMA) is a social-economic...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

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

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

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

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro 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

Leave your Comments


February 2020

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


Advanced Search