This is an era of online shopping, Indian e-commerce industry is booming that is why investors does not think much while investing in any e-commerce venture or startups. The Chinese E-com giant Alibaba has set up landmark success and it has became an inspiration for all other e-commerce companies.Country's very own group TATA group is planning a big bang entry in the industry after being inspired by the leading players like Flipkart, Amazon, and Alibaba. Former Chairman of Tata Group Mr. Ratan Tata has personally invested in Snapdeal.com and
the leading jewelery online store Bluestone.com.
The e-commerce initiatives will be laid down by the TATA Industries ltd. a fully owned subsidiary of Tata Group.The company incubates new technology and businesses, to be sur Tata already operates an e-commece site for its consumer electronics store chain Croma,but the company is planning to impart marketplace model which will allow any vendor to sell online just like the mrket place model of amazon and flipkart.
E-commerce market place makes money by charging fee or by commissioning from merchants using them to list their proucts on their site.
Tata will model its business on tmall.com which is an Alibaba's group market place.
Tata is planning to tie up with Zara which otherwise sells online through is sites globally to sell on the platform.
This is the an e-commerce era if you have an investment, time and skills than you too can expect good returns from this business. Many great companies like Reliance industries are on its way to invest in such ventures.
According to Technopark Advisors-
India's online Retail business is expected to touch $19 billion from about $2.3 billion i annual sales now.
source-TOI
the leading jewelery online store Bluestone.com.
The e-commerce initiatives will be laid down by the TATA Industries ltd. a fully owned subsidiary of Tata Group.The company incubates new technology and businesses, to be sur Tata already operates an e-commece site for its consumer electronics store chain Croma,but the company is planning to impart marketplace model which will allow any vendor to sell online just like the mrket place model of amazon and flipkart.
E-commerce market place makes money by charging fee or by commissioning from merchants using them to list their proucts on their site.
Tata will model its business on tmall.com which is an Alibaba's group market place.
Tata is planning to tie up with Zara which otherwise sells online through is sites globally to sell on the platform.
This is the an e-commerce era if you have an investment, time and skills than you too can expect good returns from this business. Many great companies like Reliance industries are on its way to invest in such ventures.
According to Technopark Advisors-
India's online Retail business is expected to touch $19 billion from about $2.3 billion i annual sales now.
source-TOI
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