As the number of people indulging into online shopping is increasing, studies suggest that the
e-commerce spending in India may hit $16 billion (nearly Rs 1 lakh crore) by 2018. These figures have been issued by industry body
CII and
KPMG suggests a recent PTI report. It further added that the number of Indian online buyers is expected to grow to 128 million by 2018.
However, it won’t be a smooth sail for the
e-tailers. On the road, they are bound to be hit by road blocks and face challenges such as security, data breach and interoperability. This may act as a barrier for the overall framework, says the PTI report.
Not just this, the success of e-Commerce also depends on the kind of digital infrastructure that e-tailers have.
KPMG India partner K Raman, says "Digital infrastructure is a key enabling technology for a connected and instrumented world. It is expected to create tremendous opportunities for various technology players across verticals like smart cities, smart utilities, smart healthcare, smart transportation and more in India."
He also added that players of the industry as well as the society also need to
leverage digital infrastructure in a bid to create more opportunities and economic value in the country.
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