e-commerce biz to reach Rs 2,300 crore in 2006

The present volume of e-commerce trade in India is Rs 570 crore. ... The e-commerce trade in India is likely to reach Rs 2,300 crore by 2006. ...

It is growing at a rate of over 50% per annum and is estimated to reach $10 billion in the next decade. ...

Source: Financial Express - Bombay,India