Impact of E-Commerce in India
India is one of the top nations who has the highest number of internet users but compared to other nations countries India is still behind on the number of E-commerce customers. The main reason behind is this is its reliability. Indian's always prefers to pay when the product is delivered. 75%of E-commerce customers in India used to pay by cash on delivery, which underlines the above statement. But now a day's number of E-commerce services and consumers are increasing gradually. Compared to previous years we can see a drastic change in the number of users, mainly due to governments encouragement to the digital payment and the offers provided by the companies. E-commerce can be defined as the "Transaction of commercial products and payments using the internet". Flipkart, Amazon, Paytm are the major E-commerce company in India. In India, the E-commerce has impacted in several sectors. They are asfollows:
The IT sector and E-commerce is related to each other. Without Information Technology, E-commerce will be obsolete. Entire E-commerce process is based on the Information Technology.From the beginning to the end, every term in the transaction will be related to IT. The new term like Automation, Data Analytics are the core factors of E-commerce. Through automation, the E-commerce transactions can be done easily.Data Analytics helps in finding customer interests. Along with E-commerce new IT trends are developing which will create new opportunities for the new generation.