Latest eCommerce, Information Technology, Business Update
India’s eCommerce industry ready to hit 45% growth in 2018-2019, according to Chitrangana
Chitrangana, India’s biggest eCcommerce consultancy, believe the online industry has regained momentum after a drop off in 2017 in the aftermath of demonetisation. Chitrangana, industry experts in the e-commerce sphere, have projected a 45% growth on YOY basis for the 2018-19 season, just a year after the web retail business saw a drop off due to demonetisation of Rs. 500 and Rs. 1,000 notes. Chitrangana believes the extraordinary growth in 2018-2019 is also due to ...
India’s new draft eCommerce Policy – Featured in National News (Rajyasabha TV, DD News)
Featured on National News Network to explain the draft eCommerce policy, Chitrangana believes the new policy will assure level playing field for eCommerce start-ups in India and help to emerge new ventures. The new draft policy protects the Indian eCommerce business entities and the consumers. The regulation will build customer's trust in online shopping which expected to increase new customer base by 35% post policy implementation.The TV show participated by our Senior eCommerce Consultant Mr Prashant Kumar ( India and ...
India’s eCommerce will show double-digit growth up to 25% by Dec 2018
India's eCommerce will show double-digit growth up to 25% by Dec 2018, by adding 20% more new customer and 18% additional demand growth from existing buyer. The growth mainly focused on grocery, fashion, home decor and electronics category.Sep 2018 to Feb 2019, a surge will be seen in furniture and home decor category followed by online food ordering, travel, personal care, gourmets and general home usages products shopping.The changing demand patterns need for speedy delivery and understanding of the local ...
India’s eCommerce furniture sales jump by 32% in 2017-2018
The willingness of Indian customer to buy furniture online has grown significantly in 2017. Now more than one in six Indian eCommerce buyers prefer shopping furniture online. The survey data reported 32 percent jump in online furniture sales in Q3 for 2017-2018. Customer prefers buying online stuff like sofa, chairs, wardrobe, beds and tables.This statistic can be found in the report prepared by research and statistical department of Chitrangana.com, a new study published by India's Leading eCommerce Consultancy, Chitrangana.com. The ...
Won “eCommerce Innovation 2017” Award
With record record number of high-quality innovative eCommerce projects, Chitrangana.com won 2017's eCommerce Innovation Award at Barcelona in 7th annual European E-commerce Awards. The award organised by European eCommerce Association at Barcelona city. 270+ eCommerce consultancy companies selected from across world for the award process by central award commite, and the nomiation was announced on 25th Nov 2017 at Brussels.Chitrangana.com receive the ...
Excellent meeting Mr. A L Rajwani (Managing Director of P&G) on social-business innovation
Team Chitrangana, had excellent meeting with Mr. A L Rajwani (Managing Director of P&G) and P&G global team at Madhya Pradesh Global Investor Summit for an innovative social to business association. The business concept will soon bring a great significance solution in Indian social security. The meet was lead by our senior consultant Mr. Nitin Lodha.
Awarded “GOLD Category – eCommerce” by International Quality Summit Award.
Pleasure to share, selection of "Chitrangana" by 31st International quality summit award (IQS), New York under GOLD category - eCommerce. The award ceremony organised on 28th-29th May 2017 in New York, USA. The 31st International quality summit award organised by International Quality Convention and Imarpress Group. The award chaired by Jose E. Prieto (President and CEO, BID and BID Group One) and Dayle L. Fickling (Chief Editor of IMARPRESS).
Govt Announce National Award for e-Commerce Marketing of Handloom Products
Ministry of Textiles, Govt. of India invited application for National Award for e-Commerce marketing excellence for handloom products for the year 2015. The procedure invited all Indian companies having 3 years of experience and deliver excellent projects to promote handloom products over eCommerce in India. The last day for submission is 18th July 2016. The department will award to one National Award and two National Merit Certificates.Detail can be found at www.handlooms.nic.in
Indian consumer durable sales expected to grow $12.5 billion in Fy 2016
Consumer durable sales for offline and online retail is moving with significant growth. The consumer durable sales recorded $9.7B in FY 2015 and recent IBEF research expected the growth of e-commerce and offline consumer durable revenue to be jumped $12.5B in FY 2016. The consumer durable market supposed to grown by 13% CAGR from FY 2005 to FY 2020.Another research found SAMSUNG Electronics is leading the consumer durable market in current FY 2015.eCommerce Consultant at Chitrangana said the rural demand ...
eCommerce Workshop by NIESBUD, Govt. of India – 16th Jul 2016
An 2 days eCommerce workshop organised by The National Institute for Entrepreneurship & Small Business Development (NIESBUD) (Under Ministry of Skill Development and Entrepreneurship, Govt. of India) on 16th July 2016 and 17th Jul7 2016 at Indore, Madhya Pradesh, India. The workshop will be lead various eCommerce subjects including "Online Marketing & Entrepreneurship"
Guidelines For Foreign Direct Investment (FDI) In eCommerce
FDI under automatic route is permitted in marketplace model of e-commerce. FDI is not permitted in inventory based model of e-commerce. Guidelines for foreign direct investment (GDI) in eCommerce Released by Govt. of India on on 21.03.2016
India’s e-Commerce Set for Massive Boom, Post Oct 2016 ! – eCommerce Consulting Group
The B2C retail market in India is set for an e-commerce boom that could be sustained until 2019, a leading e-commerce consultancy - Chitrangana is predicting. Chitrangana says a study of more than 250 online stores and 14 product categories revealed the e-commerce market in India is starting to buck the trend and shift away from a depressed economy. Its findings suggest 2016, especially from September onwards, will be the year of the small to medium-sized business. The survey’s findings ...