A Review Paper on Impact of E-Commerce on India’s Commerce

E-commerce is a boom in modern business. E-commerce means electronic commerce. It involves buying and selling of goods and services, or transmitting of funds or data, over an electronic network i.e. on Internet. Over last few years the popularity of e-commerce has enormously increased due to its quick and easy way of exchanging goods and global services. The general category of e-commerce can be broken into two parts: E-Merchandise and E-Finance. Many companies, organizations and communities in India are doing business using E-commerce and also are adopting M-commerce for doing business. Ecommerce is showing tremendous business growth in India. Increasing internet users have added to its growth. According to Google India, there were 100 million online shoppers in India in 2016. By 2020, India is expected to generate $100 billion online retail revenue out of which #35 billion will apparel sales are set to grow four times in coming years. This paper is outcome of a review of various research studies carried out on Impact of E-commerce on Indian Commerce.