India will become the centre of Alibaba’s global expansion. It is the only country which has a growing internet population, has crossed the US, and still have a lot of headroom. Reports suggests that the Chinese e-commerce giant will put in Rs 1,700 crore to boost the existing business. Alibaba’s entry will start a three way battle in e-commerce between China, India (with Flipkart) and the US (with Amazon).
Amazed to see negative coments - this is an excellent news - a very well done to all involved
A great opportunity for small manufacturers. SMEs making marble, sports, pharmaceutical and electric products can enjoy this service from the day one and other can follow. As all these products are already being exported but in small quantities to China, south asian and african countries. Online selling is the future. Make a quality product and win the deals.