Online fashion footwear market in India to reach $2.8 billion by 2016

According to a report by Accel Partners, one of the investors in Flipkart, the online fashion, footwear and accessories market in India was valued at $559 million in 2013 and is projected to reach $2.8 billion by 2016, growing at a CAGR of 71%.

On the other side US$2.8 billion annual e-tailing industry is just about what a 4th largest player in China makes in one day.

CAGR =Compound Annual Growth Rate[Year -on-Year Growth ]

tags: etailers, fashion, footwear, market,size,india,2.8 billion, 2016, myntra,flipkart, accel, accessories


Post a Comment

Twitter Delicious Facebook Digg Stumbleupon Favorites More