The age of E-tailing
E-commerce is no more just a buzz word for the young generation. Over the last few years, it has shaped up as the safest industry and the fastest growing market place. Investors from around the world are coming forward to invest in the top e-commerce businesses of India.
Local e-tailers like Snapdeal, Quikr, Flipkart, Bookmyshow, etc. have secured huge foreign investments in the last 2 years and are poised to grow at an unprecedented rate. With Flipkart and Myntra coming together, we also witnessed one of the biggest local mergers in this industry this year.
Even foreign giants like Amazon & eBay have realized this potential in the Indian e-commerce industry lately and they also would be in the race for creating a lot of jobs in this industry in the coming year.
Flipkart being the biggest local e-tailing player as of now has declared its plans to almost double its workforce from 13,000 to 25,000 within a year. Even the smaller players like Lenskart, Zomato, Taxiforsure, Paytm, etc. have also shared their growth plans for recruitment. Among them all, this industry is expected to create 60,000 jobs in this fiscal year and industry experts estimate that this number can reach as high as 100,000.
The majority of the jobs created would be in the data & analytics function. However, e-tailers have confirmed jobs for everyone right from blue collar workers, to supply chain to recruiting from top B-schools & IITs.