Krish TechnoLabs Views eTailing Summit 2014 India As Indicator Of Massive eCommerce Growth
Today the eCommerce Industry in India is growing at a rapid pace. With an Internet user base of about 250 Million people as of June 2014, the industry is in its sunrise phase. Despite the penetration of eCommerce being low compared to Western and European markets, the industry is growing at a faster rate as there are numerous new entrants.
With the industry growth at an inflection point and for an industry whose market was $ 16 billion in 2014, and which is expected to grow to around $ 56 billion by 2023, there needs to be a knowledge repository for the online industry in the country. This unique need is being fulfilled by eTailing India.
Today, eTailing India aims to be the largest repository for the online retail industry in the country, is holding an e-tailing seminar eTAILING INDIA SUMMIT – DELHI 2014, on 27 September 2014. This event, which has attracted numerous top notch players across the eCommerce industry including companies such as Flipkart, Dyna Corp, Gati, Uni Commerce, Shop Clues and others, will be held at the Hotel Lalit in Connaught Place, New Delhi.
It is a matter of great pride that India’s leading full-service eCommerce agency Krish TechnoLabs (www.krishtechnolabs.com) has announced that it is participating in this event as an event sponsor.
Recent studies in the Indian market have pointed out that the key driving factor for the rapid growth in the Indian online economy is the price conscious market, which is slowly shifting its preference from the traditional retail brick and store model to the online market place.
With the increasing pace of industrialization and a burgeoning population, urban lifestyles do not follow the traditional pattern of living any more. With a busier lifestyle and a lack of time and opportunity to shop offline, urban Indians are looking for a break from their hectic and back breaking corporate and office schedules by spending a quick few minutes to purchase online.
Krish TechnoLabs views this phenomenon to be an offshoot of India’s rapidly pacing urban development. It also views this trend as an indicator of a massive surge in eCommerce in India in the near future.
Krish TechnoLabs has always had its hand on the pulse of eCommerce since the very beginning. Established in 2003, Krish TechnoLabs is has grown to be a full service eCommerce agency that provides unique and creative end-to-end eCommerce solutions to raise the sum total of your loyal clients. Providing more than just eCommerce solutions, the company are the experts when it comes to the services that it provides – viz. consulting, design, development, integration, marketing, and support.
Having worked with leading brands and companies around the globe, who have endorsed the company’s perspicacity and accomplishments, Krish TechnoLabs recipe for success has been tried and tested before finally offering it to its 1000+ clients. With focus only on eCommerce, the company has acquired skills that matter in the online business to keep abreast with the best practices in the industry. Call 91-98250 50837 or visit www.krishtechnolabs.com for information.