Professional Documents
Culture Documents
Dissertation Study, under the guidance of Dr. Amitabh pandey Associate professor,
I hereby declare that the information presented in this report is correct to the best of
Aruna Singh
PG/25/023
ACKNOWLEDGEMENT
At the outset, I take the privilege to convey my sincere gratitude to those whose
successfully.
I would like to thanks our Mentor Dr. Amitabh Pandey Associate Professor,
School of Management Sciences; Varanasi for his valuable guidance and regular
support that greatly helped me through the project. It was my great pleasure to be
feel immense pleasure to work upon the topic and know about the present scenario
This report shall give an overview of the tasks completed by me. The results obtained
shall be discussed and analyzed. I have tried my level best to keep the report simple
and understandable by correctly presenting the work done by me. I hope, I get
Aruna Singh
PGDM4th Semester
PG/25/023
TABLE OF CONTENTS
8 Findings 63-66
9 Conclusion 67-69
10 Recommendations 70-72
11 Bibliography 73-75
A STUDY
ON
E-COMMERCE
INDUSTRY
IN INDIA
1
2
CHAPTER 1-INDUSTRY OVERVIEW
3
INDUSTRY OVERVIEW
The online business has changed India's method of working together. The Indian E-
Commerce market is relied upon to ascend from US$ 38.5 billion starting at 2017 to
US$ 200 billion by 2026.A part of the business' development was brought about by
rising enetration of the Internet and the Smartphone. The country's continuous
advanced change is relied upon to build India's complete Internet client base from
636.73 million in FY19 to 829 million by 2021.India's web economy is projected to
twofold from 125 billion US dollars by April 2017 to 250 billion US dollars by 2020,
to a great extent upheld by E-Commerce. India's web based business income is
required to jump from US$ 39 billion out of 2017 to US$ 120 billion of every 2020,
increasing at the world's most noteworthy yearly pace of 51%.
4
Market Size
5
Investments/ Developments
A portion of the significant advancements in the Indian web based business part
are as per the following:
Reliance to contribute Rs 20, 0000 crore (US$ 2.86 billion) in its telecom
business to expand its broadband and E-exchange proximity and to offer 5G
organizations.
As of March 2019, Flipkart pushed its internal store of about US$ 60-100 million
to contribute from starting stage to seed improvements related to electronic
business industry.
Paytm has impelled its bank - Paytm Payment Bank. Paytm bank is India's
initially deal with a record with zero charges on online trades, no base equality
essential and free virtual check card
6
As of June 2018, Google in like manner needs to go into the E-exchange space
by November 2018. India is needed to be its first market.
Dependence retail is going to dispatch online retail this year. It has as of now
propelled its food and basic food item application for beta testing among its
workers.
E-trade industry in India saw 21 private value and adventure capital arrangements
worth US$ 2.1 billion out of 2017 and 40 arrangements worth US$ 1,129 million
in the primary portion of 2018.
Google and Tata Trust have teamed up for the task 'Web Saathi' to improve web
entrance among country ladies in India
7
Government initiatives
8
Achievements
Following are the achievements of the organization in the past four years:
•In the glad arrangement (September 29-October 4, 2019), the e-backs in India
achieved US$ 3 billion of Gross Merchandise Value (GMV).
•Amazon India impelled the Amazon Marketplace App store which will offer
responses for dealers.
•Value of Unified Payments Interface (UPI) trades recorded 1.15 billion trade worth
more than Rs 1.913 trillion (US$ 27 billion) in October 2019.
9
Under Internet Saathi adventure in excess of 26 million women were benefitted in
India and it showed up at 2.6 lakh towns and showed up at 20 states.
• Under the endeavor 'Web Saathi', the organization has affected in excess of
16 million women in India and showed up at 166,000 towns
• Udaan, a B2B online trade stage that partner close to nothing and medium size
creators and wholesalers with online retailers and moreover give them
coordination's, portions and advancement support, has merchants in excess of 80
metropolitan networks of India and passes on to in excess of 500 metropolitan
networks.
Street Ahead
The online business industry been clearly influencing the more limited size, pretty
much nothing and medium endeavors (MSME) in India by giving strategies for
financing, development and planning and fallingly affects various undertakings too.
The Indian online business industry has been on a vertical improvement heading and
is required to beat the US to transform into the second greatest online business
10
feature on the planet by 2034. Development engaged progressions like mechanized
portions, hyper-neighborhood coordination's, examination driven customer
responsibility and automated advancements will probably help the improvement
nearby. The advancement in electronic business region will likewise support work,
increment incomes from trade, increment charge assortment by exchequers, and give
better items and administrations to clients in the long haul. E-retail showcase is relied
upon to proceed with its solid development, by enlisting a CAGR of more than 35
percent and to arrive at Rs 1.8 trillion (US$ 25.75 billion) by FY20.
11
CHAPTER 2 - COMPANY OVERVIEW
Amazon India
12
Amazon is an American online business company with its Washington base camp.
The business was established on 5 July 1994 by Jeff Bezos. It is the world's greatest
web retailer as far as deals and market capitalization, hitting number 1 in India's top
internet business firms.
Both Amazon.In clients and the Amazon, the Smartphone application has simple and
fast admittance to many classifications of in excess of 160 million things.
Flipkart
13
Flipkart is an Indian-based web based business and has produced extensive interest
among Indian shoppers throughout the long term. It has opened up the potential
outcomes that are an extraordinary route for the Indian e-tail market. It began as an
online book shop and now has an assortment of books, garments, hardware,
advanced music, home consideration, and excellence things. It has now become
besides a uber market. Flipkart was established in October 2007 by Sachin Bansal
and Binny Bansal, the two graduated class of the Indian Delhi Institute of
Technology and earlier working for Amazon.
The fundamental property of Flipkart is the steady nature of the store network
unequivocal flow of things. Customer support has been continually advanced and
improved. The site is fundamental, trouble free and supportive to get to.The limits
and the money on - conveyance alternative that gives clients more trust in buying
merchandise are two of the critical explanations behind Flipkart's incredible
achievement. Flipkart has huge client reliability with clients returning 70%.
Beside the shopping experience, the biggest web based shopping celebration of
Flipkart – Big Billion Days is quite possibly the best missions and it conveys a great
many orders during that shopping season.
14
WalMart has purchased Flipkart: On May 4, 2018, it was accounted for that the
American corporate store WalMart had won an offering battle with Amazon to
obtain a 77% dominant part stake in Flipkart for the US $ 15 billion. On May 9,
2018,
Aside from the shopping experience, perhaps the most well known advancements is
Flipkart's greatest internet shopping celebration – Big Billion Days and it conveys a
huge number of requests during the shopping season.
WalMart purchased Flipkart: it was declared that the US grocery store goliath
WalMart won an offering battle with Amazon on May 4 , 2018 to purchase a greater
part stake of 77% in Flipkart for US$ 15 billion. Starting at 9 May 2018,
Indiamart
15
In 1999 Indiamart Intermesh Ltd. was established. It is situated in Noida, UP, and
upholds the Internet B2B Marketplace. The business is among India's biggest web
based business ventures.
The firm was established by Dinesh Aggarwal and Brijesh Agarwal. Begun as a
catalog for little organizations, it has now become a significant B2B organization.
This has raised various assets in the previous few years, and got grants.
The Port of Indiamart made 200 crores in 2014 and dealt with income more than
20,000 crores. Indiamart was India's biggest online commercial center until 2012,
and is the world's second-biggest B2B commercial center after Alibaba, as per the
Economic Times. In 2014 the internet business entrance Tolexo of Indiamart was
dispatched.
16
Snapdeal is an online market area settled in New Delhi , India.
Kunal Bahl, a Wharton move on from the M&T Engineering and Business double
degree program at Penn, and Rohit Bansal, an IIT Delhi graduate, started the
business in February 2010.
Myntra
17
Myntra is an Indian web based business attire organization situated in Bangalore,
Karnataka, India. The organization was established in 2007 to sell customized
blessing items
Another motivation behind why Myntra is the awesome all online stores is that it
gives all out accommodation. You can show your number one brands in a single
area, with value decisions for different things. You will be passed through the
choice cycle through a natural interface. Full-size maps, item portrayals and high-
goal photos settle on the best buy decisions conceivable. You will reserve the
privilege to pick your installment alternatives, on the web or in money down.
Myntra gives a merchandise exchange of 30 days which gives you more force as a
purchaser. Furthermore, the preliminary decision for the picked merchandise takes
convenience to a more significant level for shoppers.
One97 Communications Ltd (Paytm)
18
Paytm is an online business site with base camp in Noida , India. Dispatched in
2010 it claims One97 Communications.
Shopclues
19
Shopclues is a Clues Network Pvt claimed online commercial center. Ltd. It was
established by Sanjay Sethi, Sandeep Aggarwal, and Radhika Aggarwal in Silicon
Valley in July 2011.
20
BookMyShow
BookMyShow is India's driving entryway and merchant of tagging shows. After its
dispatch in 2007, BookMyShow has developed its deals to incorporate great many
tickets each month for films, games, plays and that's just the beginning.
21
MakeMyTrip Ltd
The Indian Travel Business organization - MakeMyTrip is known for its solid
presence on the web. The organization gives a full scope of movement
administrations including flight, occasion bundles, stopping, lodging reservations,
and so on
It gives travel bundles from all traveler objections. Their movement applications
have been dispatched. This top online business organization was established by
Deep Kalra in 2000.
The business has likewise introduced all around the world through workplaces in
Sydney and New York City.
22
Brainbees Solutions Pvt Ltd (Firstcry.com)
In the year 2010 Brainbees Solutions Pvt Ltd was framed. It is situated in Pune ,
India. It is one of India's Top 10 internet business firms.
Today the organization has gotten one of the main online child merchandise stores.
It gives a wide assortment of child things for various age gatherings like child and
youngsters' garments , embellishments, toys , books and Dvds, school supplies,
birthday celebration supplies, child gear, and presents; and diapering and baby care,
taking care of and breastfeeding, shower and healthy skin, wellbeing and security,
nursery, and mother and maternity products.
All through India the organization has stores and distribution centers.
23
Nykaa was established by Falguni Nayar in the year 2012. She recently
functioned as overseeing chief at Kotak Mahindra Capital Firm.
24
25
CHAPTER 3 - INTRODUCTION OF THE PROJECT
INTRODUCTION
26
merchandise or administrations straightforwardly from the organization to the client
utilizing a computerized shopping basket or advanced shopping container
framework and permits installment with Visa , charge card or EFT (Electronic Fund
Transfer) installments. Online business or e-business incorporates the utilization of
the Internet and the utilization of data innovation like Electronic Data Interchange (
EDI), to work an organization. All the more in a real sense, E-Commerce is the
market progress into the World Wide Web. Web based business has become the
predominant online activity, practically overnight. There is no regular idea of web
based business, it implies just business activity that Electronic Communication
directs or interfaces with or upholds. Online business' effects are currently apparent
in all parts of industry, from client care to imaginative item plan. It empowers new
types of business measures zeroed in on information for coming to and speaking
with shoppers, like online notice and promoting, web based requesting and online
client assistance. Online business today utilizes the WWW probably some point in
the lifecycle of the exchanges. This may likewise limit costs all together preparing
and speak with a wide assortment of merchants and exchanging accomplices, regions
which as a rule add significant overheads to the expenses of labor and products.
Online business gives gigantic freedoms to non-industrial nations , including India.
It is as yet incipient in India yet even the most miserable gauges recommend a blast.
In the new past there has been an ascent in the quantity of organizations that take up
e-commerce.Big Indian sites have moved to E-Commerce, as opposed to ad income.
Most organizations presently offer a scope of labor and products from blossoms,
welcoming cards, and film passes to supermarkets, electronic gadgets, and PCs, etc.
For stock trades coming on the web the time has at last shown up for genuine E-
Commerce in India.
27
Meaning:
Electronic exchange represents internet business. This implies managing items and
administrations through the electronic media and web. The fast development of
online business in India is driven by more prominent decision of client and improved
comfort with the guide of web the seller or trader who sells products or
administrations straightforwardly from the entrance to the shopper utilizing a
shopping bushel framework or advanced truck and permits check card, Mastercard
or electronic asset move installments to be made.E-trade area and its room is filling
popular in the current situation, just as a noteworthy show or decision of a particular
type of administrations. In all fields of account, client care, new item creation and
plan, online business as of now exists. In India, online business area is developing a
direct result of a wide item assortment with a low cost wide scope of providers and
web clients. Every specialty unit in this advanced age needs to enter the online
market on the grounds that the proportion of Internet clients in India is rising.
Internet business is as yet ascending in India however gives critical freedoms.
Definition:
28
CATEGORIES/MODELS OF E-COMMERCE
29
The different categories or Models of E-Commerce are as follows:
Under B2B model one business is offering to another. Meanings of the B2B online
business model are organizations working with each other, for example, producers
offering to merchants, wholesalers offering to retailers. Estimating is reliant upon
amount of request under this model, and is consistently debatable. The case of the
B2B model is Chinese online business goliath Alibaba.
It is the standard web based business material. In this model organization markets
labor and products straight over the web to clients. Through their sites or
applications, they show their merchandise or administrations and clients may
30
arrange the item or administration straightforwardly from their sites or applications.
At the point when a man buys a couple of shoes by submitting a request with
Flipkart.com, then, at that point this is an illustration of a B2C model.
C2C is an enterprise model that enables the transaction between consumers of goods
or services. C2C offers an creative way for clients to communicate with each other.
C2C includes the electronically facilitated transactions by some third party between
consumers. A typical example is the online auction where a customer posts an item
for sale and another customer offers to buy it, a flat fee or commission is usually
paid by the third party. The sites are merely intermediaries, only there for customers
to suit.
31
India is currently a colossal internet business commercial center with
each age bunch executing effectively on the web – picking web based
shopping as a rule to visit actual stores for a more extensive assortment
of alternatives and arrangements.
32
This demonstrated wonder is a fantasy buster appearance how significant a
piece of internet shopping in our regular daily existences has become.
Advertisers will utilize the truth to sort out their missions appropriately through
publicizing channels.
D. The Rural Pitch
Internet business organizations will depend more on drawing in country clients.
Just as this, customary business houses like Tata Group and Reliance Industries
will enter the E-Commerce market all the more enthusiastically.
E. Smartphone Apps:
In any case, clients peruse items on work areas or workstations, due to their
quicker associations with installment entryways, they like to execute through
PDAs. Cell phone E-Commerce applications are likewise preferred in light of the
fact that they give more customized shopping experience to clients and a more
noteworthy comprehension of the E-Commerce organization's purchasers. New
applications likewise give the capacity to clergyman custom-made advancements
dependent on the historical backdrop of perusing or shopping baskets.
33
OPPORTUNITIES OF E-COMMERCE IN INDIA
At present internet business is India's most wanted area and moves towards the No.
1 objective. Because of the developing online business area and the developing
business, buyers will regularly disappear with the assistance and the web based
business area will turn into the profoundly employable market. The customer can
get our every day needs arrangement under one rooftop through the web based
business stage. This is either a homegrown product or a worldwide one.
34
1. Strategies for growth
India's e-commerce growth rate is worthy of notice and higher than other countries.
As regards e-commerce, it places third place in the world but faces challenges for its
growth due to the lack of proper IT infrastructure, logistic support and financial
infrastructure. India's mobile users and internet subscribers are increasing rapidly,
stimulating India's e-commerce growth. E-commerce traders now provide logistics
with a broad range of services ranging from daily needs to help them spread the e-
commerce sector across India.
E-commerce is the perfect method for providing customer service at the highest level
in terms of low cost, quality goods, and just in time. Customer satisfaction is an
opportunity for entrepreneurs to fuel their growth in industry. E-commerce company
should have highest level of customer satisfaction. In this market, it benefits both
the traders and customers. This is an alternative conventional business method that
offers an opportunity to deal with their company from faraway places and without
physical contact by saving time , expense and reducing risk.
35
4. Reducing distribution costs
Because e-commerce is based on virtual market , i.e. internet, this decreases the cost
and time of delivery by offering in-time ( JIT) services only. Buyers and sellers have
a great opportunity to deal with their company by seating their own locations. It
helps avoid danger of all kinds. Typically, traditional companies need a specified
amount for their delivery costs, but e-commerce is an alternative traditional business
mechanism that allows minimizing distribution costs and easily distributing business
throughout the world and even beyond the country's borders.
5. Globalizing business
Internet business is a business network that can furnish its client with the very
sort of administrations that cross the limit of the world. Individuals can without
much of a stretch buy merchandise by online installment by charge or
Mastercard, m-cash and other comparative strategies from an online shop situated
inside the country or abroad. This likewise assists with selling the products inside
a brief time frame, advantageously to mass individuals all throughout the planet.
India is a country that is agreeable to globalizing both the internet business
industry and the crores of Indians.
6. Quick marketing of products
Since web based business is overwhelmingly web based and connected
to the worldwide world, it is an incredible open door for internet
business merchants to sell through different informal communication
stages and sites to countless individuals. It is a discussion to disclose
to its clients all the data about the medication. Through taking out such
a large number of types of problem and hazard, internet business offers
36
a total answer for buying the merchandise from on the web and paying
electronically. It offers an impetus for both homegrown and global
buyers to get to the item subtleties inside a brief time frame.
7. Integration of E-commerce
37
monetary year, internet business incomes hit US$ 16 billion with a conjecture of a
seven-overlay ascend over the course of the following two years, as Morgan Stanley
estimates. Online-exchange incomes are relied upon to reach $120 billion by 2020.
38
1. Participation of Niche Companies
With the developing consciousness of the advantages of web based exchanging,
interest in E-Commerce area has gone up essentially. Many existing business houses
have set up online exchange organizations, related to disconnected exchanging. In
the present trade internet retailing is the 'in-thing.' In the online retail fragment
another organization is set up some other day.
Specialization and adaptability are the signs of internet exchanging. Web based
business firms are spent significant time in interesting items and have intentionally
pulled back from the possibility of one for all. Each new business centers around a
particular thing or focuses on a particular segment of the populace. So as opposed to
tending to universally, it's simpler to focus on a particular field and carry out it as
39
well as could be expected. Shoppers appreciate these special treatment and
customized administration.
India, being a land loaded with variety gives adequate space to new organizations to
partake in this outburst of E-Commerce. Thinking about the bountiful garments,
food, and social acts of Indian populaces, business openings are perpetual.
2. Role of FDI
While FDI has been dynamic in loaning assortment to India's online market,
government laws confine their full cooperation.
3. Implementation of GST
40
assortment to India's online market, government laws confine their full
cooperation.
Prior, food and staple were never viewed as items for exchanging on the web.
With the adjustment of working propensities, notwithstanding, and clients
deciding on flexibility and comfort, incalculable little and huge E-Commerce
firms are currently selling arrangements and food items. Indian E-Commerce
industry is equipped for supporting itself as a reasonable market opportunity for
existing names as well as for new companies.
Google India representative says web content inquiry in Hindi has risen an
astounding 155 percent in the previous year, which is fundamentally higher than web
search development in English. In a similar time, Hindi substance looked by means
of versatile Internet developed at a significantly higher pace of 300%. There was
wonderful advancement in rush hour gridlock in different dialects, as well. Detecting
a chance, Snapdeal dispatched its Local language interfaces. "We delivered a
multilingual application for Snapdeal in Hindi and Tamil dialects in January 2014
and saw a huge reaction from clients to that .We will without further ado be
presenting four more territorial language interfaces, " says Ankit Khanna, senior VP
(item the executives) at Snapdeal.com. In November 2014, the online travel
organization MakeMyTrip revealed its Hindi application and plans to add four
additional dialects — Gujarati, Tamil , Telugu and Malayalam — in the coming
months. With continuous development in portable supporter coming basically from
individuals who are alright with dialects other than English, online retailers consider
41
this to be section as another impetus for advancement. Mohit Bahl of KPMG's
counseling organization says content restriction is a fabulous headway that will help
later on. There'll be first mover advantage for the individuals who have effectively
accomplished it. Others would presumably stick to this same pattern, he adds.
Approximately 20 per cent of India's population lives outside of metro cities. There
are many measures that say this large group of city dwellers has significant
purchasing power. For example, Honda sells 60 per cent of its Amaze car in cities
of Tier-II and Tier-III. Such cities make up 55 per cent of City models from Honda.
In small towns and cities consumer demand is growing rapidly. Speaking of the
potential of the fast-moving consumer goods (FMCG) industry, a 2012 Nielsen study
says: "While metros will remain a staple for marketers and growing a rural footprint
will be critical to volumes in the long run, there is an opportunity for growth that is
largely underestimated by many marketers today, which could emerge as a key
growth driver for the next 10 years. Middle India, a area consisting of approximately
400 towns each with a population of 1-10 lakh, is home to 100 million Indians. "It
further states:" These towns are ready to act like tomorrow's metros ... The annual
per capita FMCG consumption of Middle India towns touched Rs 2,800, "which is
far higher than the national average of Rs 1,600.
42
The rising presence of online retailers in non-metro urban communities is
persuaded by the nation's increment in versatile web use. The quantity of
versatile web clients in the nation remained at 173 million in December 2014,
as indicated by the Internet and Mobile Association of India. The assortment
is required to ascend by 2020. A report from the Confederation of Indian
Industry appraises the quantity of individuals getting to the web through
portable is required to surpass 600 million over the course of the following six
years. "This development will be controlled by a fast ascent in Smartphone
reception, projected to hit 50% by 2020, "the examination says."Seeing the
developing web infiltration and Smartphone appropriation in these districts,
web is unquestionably one of the critical drivers of this wonder," adds
Snapdeal.com's Khanna.
43
8. Growing usage of debit cards for cashless transaction
Almost 140 million check cards have been added net in the country in the
previous two years. Besides, in a similar period, the utilization of check cards
at retail location terminals has seen an increment of 86%. It is intelligent of
expanded capacity to utilize check cards for reasons other than pulling out
cash from ATMs. It is a much needed development with numerous online
retailers actually depending on utilizing cards for high worth buys. This will
permit e-rears to enter numerous spots in the coming years, and a lot more
clients.
Money down presently represents just about 70% of all online retailer
exchanges. However online retailers state they are progressively developing
the utilization of cards for online buys.
Online retailers gauge that out of almost 100,000 pin codes in the country they
have extended their extension to "12,500-15,000 pin codes" Online retailers
likewise report attempting to restrict with India Post and petroleum siphon
stations to contact more clients. Likewise, the normal aeronautics blast in
unassuming communities could likewise extend the range of online retailers.
44
dissemination of online retailers in the years to come," takes note of KPMG's
Bahl.
• Convenience and Trust: · It took some effort for internet business players to
assemble client premium and shed the underlying conviction that merchandise sold
at the absolute biggest online commercial centers were utilized. It is on the grounds
that e-cove, which used to sell utilized products in India, working in a commercial
center setting, ruled the Indian internet business space for long. By and by, the
quintessential Indian client understood the comfort of internet business and
assembled a certainty with the stage, as conspicuous players entered the market
upheld by a solid inventory network and extraordinary advertising and interchanges.
45
• Price: An ordinary Indian purchaser is exceptionally valued and intensely
exchanged. They generally pay special mind to offers. The supposition that is by and
large viewed as substantial. Cost has consistently been the ace in the hole for Indian
internet business players, since a large portion of the items accessible online are less
expensive than something very similar disconnected items.
• Payment Options: Payment choices have developed over the course of the
years with the rise of advanced wallets and UPI (Unified Payments Interface). Prior,
most internet business players created because of the prevalence of the Cash on
Delivery (COD) model, which was predominant in India because of a lot of money
flowing in the economy. It is just as of late that Indians have bounced onto the
electronic installments trend due to the demonetization drive.
• Digital India: The Government of India's Digital India drive has been a critical
factor in improving web entrance across the area, adding to the computerized
conveyance of an entire host of administrations. The constant outcome of that web
entrance has been the way that separated from carefully burning-through basic
administrations, the client has set aside large effort to shopping on the web and
paying electronically.
46
• Domestic Consumption: Any incredibly famous financial specialist would
disclose to you that India's development story was driven by the always hopeful
Indian purchaser's homegrown interest and maximum usage. In the online business
room the undeniable macroeconomic situation likewise needed to work out.
• Language: Most of India's online business entrances are in English, and that
has assumed a significant part in industry development, as India has the biggest
English-talking working class populace. Also, the well known locales' provincial
language forms have regardless assumed a basic part in the development of online
business entryways for a huge scope.
47
CHALLENGES IN THE E-COMMERCE SECTOR IN INDIA
48
Areas of internet business have confronted a few difficulties in their business tasks,
for example,
B2C internet business firms gathered and put away financial backers ' cash to
increase their activities. The misfortunes have risen quicker than income,
notwithstanding, from a productivity point of view. Lion's share of organizations
take part in offering solid limits for buyer securing adding to the absence of feasible
plans of action in the long haul.
49
2. Expense system
3. Fake products
Large companies have strict procurement and approval processes for the bulk
purchase of goods that restrict their procurement teams from buying on B2B e-
commerce platforms
The client's inclination for CoD improves the probability of profits, securing both
the retailer and merchants working capital.
Little brokers are baffled and in fact unpracticed and should be taught in the
utilization of internet business innovation
51
13. Turn around coordinations
Extreme contest and solid limiting have brought about costly client securing and
maintenance for E-trade firms.
52
SIGNIFICANCE OF THE REPORT
• This study helps in understanding the elements that are answerable for
development of E-Commerce industry in India.
53
CHAPTER 5 - LITERATURE REVIEW
LITERATURE REVIEW
54
administrations, area based administrations, numerous installment choices, fitting
substance, transporting decision, lawful prerequisite to deliver online exchange
solicitations, quick help, T&C ought to be straightforward and useful, item quality
ought to be acceptable. The perspective on said studies and specialists for the above
showed that the eventual fate of internet business in India would be splendid in the
coming years if every one of the vital components were executed.
Scientist - Pradeep Kaur, Dr. Mukesh M Joshi
Exploration Paper - E-Commerce in India: A Review
Discoveries – E-trade has dispatched one more advancement that is changing the
manner in which organizations buy and sell labor and products. Internet business is
the Shopping Present. Along these lines, it is well-suited to cite "Here is what's to
come. This isn't yet broadly distributed"— William Gibson. The Internet economy
will start to powerfully extend with the presentation of 3 G and 4 G remote systems
administration advances. These advancements will end up being a factor in the
development of online business and web buyers buying more merchandise and
shopping all the more consistently on the web; online incomes will be made by both
new and existing organizations.
Analyst Rajendra Madhukar Sarode
Examination Paper-Future of E-Commerce in India: Challenges and Opportunities
Discoveries E-trade is changing the way that products and administrations are
bought and sold in India. Internet business is Shopping Future. In light of online
business the distance among maker and client was decreased. As indicated by the
Indian populace their tremendous online business potential as of now just 19% of
individuals in India utilize the web to sell and purchase items and administrations,
so we can track down the excess rate that we have space in the Indian market. The
development of online business has been set up in both country and metropolitan
55
regions at rule competent consumption rates, as a result of which more people are
being related to e-commerce and the ratio of this is rising day by day.
56
are practiced, a company will flourish with a lot of success and productivity in an e-
commerce environment.
57
RESEARCH OBJECTIVES
58
CHAPTER 7 - RESEARCH METHODOLOGY
RESEARCH METHODOLOGY
Only secondary data has been used that is collected from various articles, journals,
books, websites etc. This has been used to study the conceptual framework,
definition, present trends and some of the challenges and opportunities of e-
commerce in India. All the data included is the secondary base and proper references
have been given wherever necessary.
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CHAPTER 8- FINDINGS
FINDINGS
• India's online business is as yet in the arising stage however gives tremendous
freedoms in agricultural nations like India. Profoundly thought metropolitan regions
with exceptionally high proficiency levels, a huge rustic populace with progressively
increasing education rates, a quickly developing Internet client base, advancement
and acknowledgment of innovation and numerous different components make India
a fantasy objective for online business players.
• The Internet economy will start to grow powerfully with the presentation of 3
G and 4 G remote systems administration innovations. These developments will end
up being a factor in the development of internet business and web customers buying
more products and shopping all the more consistently on the web; online incomes
will be made by both new and existing organizations.
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• However, short PC costs, a developing introduced Internet client base and an
inexorably more aggressive Internet Service Provider (ISP) market have fanned the
fire in rising the development of web based business in Asia 's second-most crowded
country.
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vouchers and so on Any of these issues should be defeated once the Goods and
Services Tax (GST) has been presented.
• Customer buys in real money are another test. As their requirement for
working capital ascents, acquiring cash installment (COD) makes the interaction
arduous, more dangerous and all the more expensive for the organizations. Lower
paces of return for merchandise sold online are likewise demonstrating costly and
causing difficulties for organizations. By chance, there is a fundamentally better
yield pace of COD requests contrasted and online buys.
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CHAPTER 9- CONCLUSION
CONCLUSION
Internet business is India is a dawn market, and organizations wishing to receive the
rewards of this rising industry will before long have to venture into the trend. Online
business is gaining moderate yet consistent headway in India, as an elective
promoting instrument. With schooling spreading and expanding quantities of
individuals getting cordial with innovation, they are gradually acquiring trust in
online administrations. This area 's fast development is driven by different
socioeconomics, expanding pay rates and advancing ways of life, expanded web
infiltration, and banking, and other installment choices, for example, e-wallets and
so on However, difficulties, for example, immature IT foundation, less Mastercard
clients, coordinations issues and absence of administrative motivating forces plague
this area somewhat. Infrastructural bottlenecks, monetary imbalance, installment
door frameworks weaknesses, lacking legitimate construction are difficulties that all
partners need to handle to work with online business inside the country. Despite the
difficulties, India's online business industry is offering gigantic degree because of
the tremendous likely size of the market and rising individuals' optional spending.
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LIMITATIONS
Some of the major limitations that were encountered during the course of the
research were:
1. Secondary data- The research is largely based o the secondary data, hence
all the limitations of the same consequently apply in some degree, like lack of
verification of data, etc.
2. Resource constraints- Since only secondary data is considered, availability
of the data in a particular dimension was sometimes hard to find and, in some
cases, not available at all.
3. Wide area of study- The area taken for the study was very wide. Hence,
limitations due to lack of expertise knowledge and skill was also present in
the study.
4. Time constraints- Shortage of time becomes a very big constraint
considering the topic chosen for the study is quite to study properly
5. Lack of availability of direct source of information- Most of the
information collected is from in direct sources and in some cases information
data was not available.
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6. Future analysis- Since the whole study is based on the historical data; hence
the usefulness of the study analysis and prediction of the future can be very
limited.
CHAPTER 10-RECOMMENDATIONS
RECOMMENDATIONS
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Food processing industries, agricultural markets would provide farmers with
access to cooperative societies in all areas where farmers and traders can sell
their goods online and equally to these industries by eliminating the
intermediaries principle
Government agencies will be able to transact electronically with all suppliers
using open standards through agency enabling programs, supplier enabling
programs and information systems for e-procurement
Customer convenience: By providing cash on delivery payment option service
to customers
Replacement guarantee: Should be offers 30 days replacement guarantee to
their customers
Multiple payment option: Standard credit cards, debit cards and bank
payments options should be there
Price comparison: Providers offering instant price comparison are highly
popular amongst the price conscious customers
Shipment option: There should be low cost shipping. There should be the ease
of gathering orders after work when you head home
Legal challenges: There should be legal requirement of generating invoices
for online transactions
Quick service: Timely service provided by the company
Terms and conditions: Terms and conditions should be clear and realistic
Quality: The product quality should be same as shown on the portal
Customer care centre: A dedicated 24/7 customer care centre should be there
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CHAPTER 11-BIBLIOGRAPHY
BIBLIOGRAPHY
Journals:
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Dr.M.Prasanna Kumar, E-Commerce: Issues and Challenges in Indian banks,
International Journal of advanced Research in Computer Science and Software
Engineering, Volume 4, Issue 5,May 2014.
Hariharaputhiran, S., “challenges and Opportunities of E-Commerce”,
International Journal of Marketing ,Financial, Services & Management Research,
Vol.1, No.3,March 2012,pp-98- 108
Kaur, P. and Joshi, M. M., “E-Commerce in India: A Review”, IJCST, Vol. 3,
Issue 1, Jan.- March 2012, pp- 802-804
Kaur,D and Kaur, H, “E-Commerce in India – Challenges and Prospects”,
International Journal of Engineering and Techniques - Volume 1 Issue 2, Mar -
Apr 2015
Mamta, “E-Commerce In India: Current Scenario”, CASIRJ , Volume 7 Issue 12
[Year - 2016] ISSN 2319 – 9202
N. Kiranmayi, “A Study On Barriers To E-Commerce In India”, International
Journal Of Innovations In Engineering And Technology (IJIET)
Sarode,R.M., “ Future of E-Commerce in India Challenges & Opportunities”,
International Journal of Applied Research 2015; 1(12): 646-650
Shivani, Grewal, H.,”E-Commerce: Security Challenges & Growth: An Indian
Perspective,” IJMRS’s International Journal of Management Sciences,
Vol.01,Issue 02,june 2012,pp-44-51
Taranjeet Singh, “E-Commerce Scenario in India”, International Journal of
Research in Electronics and Communication Technology (IJRECT 2016), Vol.
3, Issue 4 Oct. - Dec. 2016
Websites:
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https://www.ibef.org/
https://www.statista.com/topics/2454/e-commerce-in-india/
https://ecommerceguide.com/
https://www.researchgate.net/
https://scholar.google.com/
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