Indian Online retail at $12.6 bn in 2013, up 33%: IAMAI


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Online retail at $12.6 bn in 2013, up 33%: IAMAI

NEW DELHI: Online retail reached $12.6 billion (Rs 62,967 crore) in the country last year, an annual increase of 32.63 per cent, Internet and Mobile Association of India (IAMAI) said.

In 2012, it was $9.5 billion (Rs 47,349 crore). The industry body said in a release that it expects online retail to grow further as policy and FDI issues are addressed and delivery logistics improve.

Read more at:
Online retail at $12.6 bn in 2013, up 33%: IAMAI - The Economic Times
US Online retail sales was around $260B last year, 13% higher than the total in 2012. I guess you can term that as "POTENTIAL" when you compare...or speak relatively.
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Online sales of physical goods to grow to $8.5B in 2016 from $2B in 2013: Accel Partners

Women-influenced online sales in India will grow 5x in the next three years, mainly due to growth in the supply of women-specific categories like jewellery, lingerie and motherhood products, according to Accel Partners’ India E-commerce Report 2014. As per the report, 35 per cent of online GMV (gross merchandise value) in 2016 will be influenced by women.
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