Indian youth are more driven towards the Online Shopping then their predecessors, concludes ASSOCHAM survey.
Online Shopping, what started as a small change in the demanding Indian consumer market has now become a global player in defining the targets and expectations of the people.
Most Indian Online Consumers are happy about shopping online as they quote it to be convenient for them to shop anytime in the 24 hours time span. And there are more number of users joining the list each day that is expanding itself.
It is predicted that the Online Shopping industry will see a boom of massive Rs. 7000 crore boom by the end of 2015.
Holy cow, that is huge for a country that is new for Online Shopping saga.
ASSOCHAM survey
As per wikipedia,The ASSOciated CHAMbers of Commerce and Industry of India (ASSOCHAM) is the umbrella body of chambers of commerce in India. The organisation represents the interests of trade and commerce in India, and interacting with the Government of India on policy issues, and liaisoning with their international counterparts to promote trade between India and other nations.
The Cities where the survey conducted are Delhi, Mumbai, Chennai, Bangalore, Kolkata, Ahmedabad, Chandigarh, Ludhiana, Lucknow and Jaipur.
The Survey concluded about 40 percent of those surveyed gave their nod for the online shopping.
“A booming economy and rising disposable incomes have contributed to the evolution of online shopping,” said DS Rawat, secretary general, ASSOCHAM.
Anything can happen in India, this is what the experience thought us. Lets see how the future Indian generations manage to take benefit of Online Shopping without falling for scams and credit card frauds.