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An Empirical study on impact of E-commerce on GDP
Dr. Dalbir Singh Kaushik
With the Internet as an open network environment, e-Commerce refers to a variety of business activities
in the wide range of worldwide commercial trade, based on browser/server application mode . In e-
Commerce, buyers and sellers do not meet each other but realize the consumers shopping online,
merchants online, payment online and a variety of business activities, trading activities, financial activities
and activities related to integrated a new e-Commerce business services model, which use the information
technology and network communication technology for commercial activities. With the rapid
development of science and technology in today's society, the country's development is inseparable with
the development of IT industry, and e-Commerce industry is the emerging industry in the IT industry.
Given e-Commerce industry own the growing proportion in the national economy, the association
between e-Commerce industry and economic growth becomes increasingly important.The E-commerce
industry was worth Rs. 351 (5.4 billion US $) billion in 2011 grew at a CAGR of 37% to touch Rs. 1257
billion in 2015, and was estimated to become a Rs. 2,110 billion (31 billion US $) industry by 2016.