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(Hosting-NewsWire.com, November 01, 2017 ) According to Publisher, the market for e-Commerces in India will grow at a CAGR of 5.5% during the period of FY 2016 to FY 2022. E-Commerce is a product that has the highest market penetration in India, covering more than 80% of the country's urban as well as rural households.
During FY 2016, beauty e-Commerce segment had the largest share with 50%, followed by health e-Commerce segment with 28.6%. UAE, Nepal and USA are the top three countries that imported Indian e-Commerces.
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E-Commerce Market in India-Key Growth Factors Increasing purchasing power and premiumisation of e-Commerces has created a growing need for premium, feature-rich products, such as herbal e-Commerces. The Indian government's Swachh Bharat mission has further boosted growth in the e-Commerce market. E-Commerce Market in India-Threats and Key Players Demonetization in November 2016 had a negative impact on the E-Commerce Market. Due to lack of currency notes being circulated, many e-Commerce manufacturers in India had to reduce their production by nearly 20%. However, the implementation of GST is expected to bring some relief through lowered duty.
Complete report is available at http://www.reportsweb.com/e-commerce-market-in-india-2017
Company
Public Companies 1. Colgate Palmolive (India) Ltd . 2. Godrej Consumer Products Ltd. 3. Hindustan Unilever Ltd. 4. ITC Ltd. 5. Jyothy Laboratories Ltd. 6. Wipro Ltd. Private Companies 7. Cholayil Pvt. Ltd. 8. Karnataka E-Commerces and Detergents Ltd 9. The Himalaya Drug Company 10. Reckitt Benckiser (India) Pvt. Ltd
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Source: EmailWire.Com
Source: EmailWire.com
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