This week in New Delhi, eBay India Managing Director Latif Nathani met Commerce and Industry Minister Nirmala Sitharaman. During their meeting, they discussed the prospects of the growing ecommerce industry in the country and how that will benefit India’s economy. Nathani explained that eBay alone has 50,000 sellers on its platform, of which 15,000 sell across the globe.
"That is a huge opportunity with the government charter of 'Make in India' because these 15,000 sellers are mostly artisans, craftsman and they are exporting India's products and India's culture abroad," he told reporters after the meeting. He added: "This is closely aligned with the government's plan of 'Make in India' and I think the Minister was very receptive to what we are doing and appreciative of that."
Although this was just an introductory meeting with the Minister, eBay hopes to continue to build strong relationships with government officials in India and help expand the opportunities that ecommerce can create for the Indian economy. For more information read the full article.