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IAMAI gears up for annual e-commerce summit

24-November-2006
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IAMAI gears up for annual e-commerce summit

Internet And Mobile Association of India’s (IAMAI) annual e-commerce summit, to be held on November 30 in Mumbai, will see the who’s who of the industry sharing the stage to discuss the next growth phase of Internet and e-commerce business in India.

Some of the speakers at the summit will include Anupam Mittal, Chairman, People Group; Avnish Bajaj, Chairman, eBay India; Sanjev Bikhchandani, Founder and CEO Info Edge; Janakiraman Murugavel, Founder and CEO, Bharatmatrimony.com; Deep Kalra, Founder and CEO, MakeMyTrip.com; Dinesh Wadhwan, Managing Director and CEO, Times Internet Ltd; and Manish Agarwal, Vice-president, Marketing, Rediff.com, among others.

As per IAMAI’s estimates, the B2C e-commerce industry is expected to touch Rs 2,300 crore by March 2007.

Speaking on the estimates for the e-commerce industry, Dr Subho Ray, President, IAMAI, said, “Rs 2,300 crore is just a conservative estimate. It is just the tip of e-business in India. If we include the less visible B2B segment as well as the e-commerce initiatives of many brick and mortar companies, the figure would be much higher. E-commerce is, therefore, no longer a wish but a reality in India. It is happening here and now.”

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