Mumbai : Despite government’s attempt to curtail imports of consumer items, shoppers are likely to buy Rs 54,700 crore worth foreign goods from overseas e-tailers this year, according to a report on consumer research by PayPal and Ipsos.
The report did not share corresponding figures for the money spent by Indians in online shopping through websites located abroad. However, it said the cross border spends by Indians are likely to grow by 78.5 % in 2016.
A substantial 27 % of the orders are being done from US-based websites followed by China (11 %) and Britain (10%), it said.
About 53 % of these online shopping through foreign websites are for personal items like clothing/ apparel, footwear and accessories followed by electronics (51 %), and digital entertainment and education items (44 %), it added. The report attributed this trend to facilities like free shipping, safe way to pay, proof of product authenticity, options to pay in local currency and faster delivery.
