India's E-Commerce Market to Reach $20 Billion by 2015: Motilal Oswal

New Delhi: Indian e-commerce market is expected to grow 37 per cent to reach $20 billion by next year on the back of growing internet population and increased online shoppers, Motilal Oswal Securities said in a report. "E-commerce in India is a $11 billion market, and is estimated to reach $20 billion by 2015, growing at a CAGR of 37 per cent over 2013-15," the research firm said in its report. It also said there are multiple...