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I International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN:International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN:nternational Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456-6470 | IF: 4.101

through light on the connection between the digital ght on the connection between the digital Government-to-business (G2B):business (G2B): e.g. e-procurement,
economy and development of Ecommerce. For this economy and development of Ecommerce. For this e-tendering etc.
purpose, meaning and definition of both the concepts purpose, meaning and definition of both the concepts
is presented below. WTO definition of e-commerce for its studies and commerce for its studies and
papers is, “the production, distriapers is, “the production, distribution, marketing,
p
s
Digital Economy: sale or delivery of goods and services by electronic ale or delivery of goods and services by electronic
According to the ‘techopedia’ definition of Digital According to the ‘techopedia’ definition of Digital means”.
Economy, it is a common term used for all those n term used for all those
Again, quoting ‘Technopedia’ ‘Electronic commerce gain, quoting ‘Technopedia’ ‘Electronic commerce
economic processes, transactions, interactions and economic processes, transactions, interactions and A
is the marketing, buying and selling of merchandise or s the marketing, buying and selling of merchandise or
i
activities that are based on digital technology. It is not activities that are based on digital technology. It is not
services over the internet’. It encompasses the entire ervices over the internet’. It encompasses the entire
s
only based on the use of internet but any of the many only based on the use of internet but any of the many
scope of online product and service sales from start to product and service sales from start to
digital tools used in today’s world. The continuous digital tools used in today’s world. The continuous
f
technological innovations are broadening the scope of innovations are broadening the scope of finish. The digital tools used in ecommerce include inish. The digital tools used in ecommerce include
computer platforms, applications, solutions servers omputer platforms, applications, solutions servers
digital economy. This includes the embedding of digital economy. This includes the embedding of c
a
and various software formats manufactured by End various software formats manufactured by E-
connected sensors into more and more objects (the connected sensors into more and more objects (the
commerce service providers and for increasing and ommerce service providers and for increasing and
c
Internet of things); new end-user devices (mobile user devices (mobile
facilitating online sale and purchase. nline sale and purchase.
phones, smart phones, tablets, net books, laptops, 3D phones, smart phones, tablets, net books, laptops, 3D

printers); new digital models (cloud computing, digital models (cloud computing, T
There is much more than simple internet involve in here is much more than simple internet involve in
digital platforms, digital services); growing intensity digital platforms, digital services); growing intensity
digital Ecommerce. According to eMarketer Eigital Ecommerce. According to eMarketer E-
d
of data usage through spread of big data, data of data usage through spread of big data, data
c
commerce companies are highly involved in digital ommerce companies are highly involved in digital
analytics and algorithmic decision-making; and new making; and new
a
advertising along with digital marketing. dvertising along with digital marketing.
automation and robotics technologies (OECD 2015).automation and robotics technologies (OECD 2015).
D
Development of Ecommerce during the lastevelopment of Ecommerce during the last decade
Defining Ecommerce: a
and use of Digital Platforms: nd use of Digital Platforms:
OECD definition of an e-commerce transaction: commerce transaction:
T
The UNIDO’s working paper published in 2017 on he UNIDO’s working paper published in 2017 on
“...the sale or purchase of goods or services,“...the sale or purchase of goods or services,
‘ ‘National Development of ecommerce in National Development of ecommerce in India’; there
Conducted over computer networks by methods Conducted over computer networks by methods i is an exponential growth of Ecommerce in India s an exponential growth of Ecommerce in India
specifically designed for the purpose of receiving or specifically designed for the purpose of receiving or during the last decade. Further the report states that, uring the last decade. Further the report states that,
d
placing of orders”. Whereas the Payment and delivery . Whereas the Payment and delivery
The E-commerce industry was worth Rs. 351 (5.4 commerce industry was worth Rs. 351 (5.4
do not have to be conducted online.
b
billion US $) billion in 2011 grew at a CAGR of 37% illion US $) billion in 2011 grew at a CAGR of 37%

t
to touch Rs. 1257 billion in 2015, and is estimo touch Rs. 1257 billion in 2015, and is estimated to
Orders made by telephone calls, fax or manually Orders made by telephone calls, fax or manually b
become a Rs. 2,110 billion (31 billion US $) industry ecome a Rs. 2,110 billion (31 billion US $) industry
typed e-mail excluded from e-commerce’s definition commerce’s definition by 2016. The same reports projects the value of y 2016. The same reports projects the value of
b
here.
ecommerce in India till 2020, 101.90 $billions. The commerce in India till 2020, 101.90 $billions. The
e

ecommerce growth projections show that, commerce growth projections show that,
e
Business-to-business (B2B)
Online sales between enterprises, including linked to Online sales between enterprises, including linked to Table 1: E-commerce size ($ billions) in India:commerce size ($ billions) in India:
outsourcing and off shoring. 2013 2014 2015 2018 2020
2.9 13.6 16 40.3 101.90
S
Online presence needed for SMEs to participate in Online presence needed for SMEs to participate in Source: UNIDO’s working paper (2017) on ‘National ource: UNIDO’s working paper (2017) on ‘National
D
value chains. Development of ecommerce in Indiaevelopment of ecommerce in India

Table 2: The size of Ecommerce sector in India The size of Ecommerce sector in India
Business-to-consumer (B2C) e
expressed in Rupees:xpressed in Rupees:
Involves sales by "pure play" e-commerce enterprises commerce enterprises
Year Rupees Billion Percentage growthPercentage growth
and traditional bricks-and-mortar firms adding online mortar firms adding online
2011 351 34%
sales channels.
2012 473 35%
2013 533 13%
Many ways to reach consumers: social netMany ways to reach consumers: social networks, 2014 815 53%
crowd sourcing, e-commerce websites, mobile commerce websites, mobile
2015 1257 54%
applications.
2016 2110 68%

Source: UNIDO’s working paper (2017) on ‘National ource: UNIDO’s working paper (2017) on ‘National
S
Consumer-to-consumer (C2C): e.g. eBaye.g. eBay
Development of ecommerce in Indiaevelopment of ecommerce in India
D
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