India e-Commerce market to cross Rs 46,000 crore: Study

The Internet commerce industry in India has seen a manifold increase in the last couple of years, with the total market size increasing from Rs 19,688 crore by the end of 2009 to an estimated Rs 31,598 crore in 2010.

By the end of 2011, the net commerce market size is expected to grow by 47 per cent and touch Rs 46,520 crore, the study by the industry body said.

Source: Economic Times

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