印度电商正在成长

India's e-commerce sector¹ is on the rise.

 

印度电商行业正在成长。

 

Given the country's large population and the fact that more and more Indians are getting access to the Internet, investors³ are keenly eyeing the opportunities.

 

American retailer⁴ Walmart is among those looking to grab a deal in India's online shopping industry.

 

US retail⁵ giant Walmart is understood to be in talks to invest billions of dollars to snap up Bangalore-based Flipkart, the country's homegrown answer to Amazon.

 

Meanwhile, Softbank is injecting $400 million into India's online retailer Paytm Mall, while China's Alibaba, already an investor² is pumping another $45 million into the company.

 

Suhail Nathani, the managing director of Mumbai based corporate⁶ law firm Economic laws Practice says the opportunity for growth in the country's nascent⁷ e-commerce industry is enormous.

 

"The story in India is true for e-commerce as it is for the brick and mortar⁸ business, which is just the story of consumption. You have a billion people, half of whom are aspirational⁹ in everything they do, they want a better life, better access, better products. For many large companies it's a very important market and a must-win market."

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