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eBay India expects 35% business growth

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Press Trust of India Mumbai

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.

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First Published: Dec 16 2009 | 5:15 PM IST

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