eBay India expects 35% business growth

Online trading platform eBay India today said its India business is likely to grow by over 35 per cent on the back of increasing participation from semi-urban and rural areas.

"According to some estimates, the industry growth is 30-35 per cent. We expect to grow above this level. We see a great deal of interest coming from users in semi-urban and rural areas," eBay India Director (Marketing) Kashyap Vadapalli told reporters here.

At present, eBay has around 30-lakh registered users in the country, out of which nearly 20-lakh are active users, Vadapalli said.

According to a study conducted by eBay, India's top five e-commerce hubs are Delhi, Mumbai, Chennai, Jaipur and Bengaluru, with Delhi at the top followed by Mumbai.

In total, India has over 2,400 e-commerce hubs, with the IT hubs of Andhra Pradesh, Tamil Nadu, Kerala, Maharashtra and Gujarat being the most wired states, originating most of the e-commerce transactions, he said.

The study also found that the country has 226 export hubs, where Indian entrepreneurs sell a variety of products to millions of eBayers in 172 countries across the globe.