■India's Online shopping Spree from Time December 12, 2011
India's e-tail market is heating up in second dotcom boom.
Because the number of Internet users is expected to nearly triple in the next three years, many companies is hoping to profit from them.
The reason for the increased of Internet users is new investment in the sector and a growing number of middle class consumers.
In comparison with other emerging market, India is more attractive to many investors.
The reason is following.
・While China's Internet boom has matured over the past decade, in India Internet penetration is under developing.
・ While state-run companies rule the roost in Russia and China,India's private investors stand to benefit from the country's open markets and rule of law.
In the new law,Foreign investor is allowed to become a major shareholders in India.
India's local firms are wary.
Western Internet Companies like Facebook and Google have been successful in India, but Amazon that offers e-commerce business is hard.
The reason is following.
・E-commerce requires logistics and shrewd sense of local taste in area.
・People in India dislike to input their credit card numbers on Web site.
・To Return the product is difficult in India's poor infrastructure.
■My Impression reading this article
Not only companies which expand e-commerce business, I think that the companies which expand global business require human resources who has local knowledge.
I've read the article that said Korean companies actively are training the human resources who is called local specialist.
I think that Japanese include me should make effort to improve skills as global human resources.