In view of the growing attempts by e-commerce and quick commerce companies to capture India’s vibrant retail trade worth over Rs 140 lakh crore annually, the Confederation of All India Traders (CAIT) on Sunday said it is organising a national conference next week.
Propelled by rising demand from smaller cities, India’s e-commerce sector continued its robust growth trajectory in 2024.
The Delhi Police, on Wednesday, ordered e-commerce websites and social media platforms to cease the online sale of firecrackers in the National Capital Territory (NCT) Delhi.
The Q2 FY25 net profit declined from Rs 13.64 crore reported in the preceding June quarter, according to the company’s financials with the stock exchange.
In the festival season of October to December 2024, the Indian e-commerce is projected to reach $12 billion in gross merchandise value (GMV), marking a 23 per cent increase from last year when the GMV was $9.7 billion in the same period in 2023.
Online e-commerce platforms in the country saw sales worth over Rs 54,500 crore in the first week of the festive season, about 55 per cent of total sales projected during the next month.
Uttar Pradesh Chief Minister Yogi Adityanath on Friday highlighted the transformative impact of e-commerce platforms, describing them as catalysts for a new era of opportunities.
E-commerce and technology startups, engineering and infrastructure and retail are top three industries in the country showing intent to hire freshers in the second half this year, a report has said.
The Indian startup ecosystem raised nearly $176 million in funding across 16 deals in the first week of this month.
This initiative will enable the integration of CSC's e-Grameen app on the ONDC Network as a buyer application, allowing citizens across rural India to access its vast e-commerce Network.
