Success in my Habit

Monday, May 21, 2012

Indian e-commerce sector to witness robust hiring this fiscal

New Delhi: The e-commerce industry in India is expected to witness increase in hiring, with online retailers being bullish about their employment plans during 2012-13, according to various industry players.

"With the growing e-commerce industry in the country and major international players entering the market, the number of job offers would certainly look up," Sundeep Malhotra, CEO and Founder, Homeshop18.com. The company has grown by over 70 per cent in headcount terms in 2011.

The online retail segment is expected to report strong growth in the coming years, on the back of growing Internet consumer base, increasing use of smartphones, laptops/PCs and availability of Internet in the remotest part of the country. The segment is expected to grow from Rs 2,000 crore (US$ 366.03 million) during 2012 to Rs 7,000 crore (US$ 1.28 billion) by 2015. It is growing at an annual rate of 35 per cent, according to report by a leading industry body.

"e-commerce space is a booming space as Internet audience are likely to double in the next two-three years and this industry will require talent from various sectors like technology, product, analytics, sourcing, general management talent, merchandising and marketing," according to Pearl Uppal, Co-Founder and Chief Executive Officer (CEO), Fashionandyou.com.

Due to the growth in the sector, e-commerce companies are recruiting the best talent available from premier institutions such as the Indian Institute of Management (IIM) and the Indian Institute of Technology (IIT).

Some of India's leading e-commerce portals are Flipkart.com, Futurebazaar.com, eBay.in, Snapdeal.com, Homeshop18.com, Fashionandyou.com and Rediffshopping.com.

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