Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (8804)	10/22/1999 9:25:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

E-shopping in India grows at 150% ONLINE shopping turnover in India is estimated at Rs 130 crore out of a total retail market of Rs 5,00,000 crore. According to Mr Sanjiv Singhal, director-business development, CyberCash India Pvt Ltd, Internet-based shopping in the country is growing at a rate of around 150 per cent per annum as compared to 200 per cent per annum in the US. Online shopping turnover is the US stands at $12 billion (about Rs 50,500 crore), he said. (ET 10/22/99)