E-commerce to touch $76 b by 2020

India’s e-commerce is expected to go up from the current $1 billion to $76 billion by 2020. In 2013 alone, online shopping has increased by 88 per cent, according to Saran Chatterjee, Vice-President, Product Management, Flipkart India Pvt Ltd. This phenomenal increase will be due to deeper penetration of Internet-based smart phones that would make online shopping easier, he said. .