News: Indian online businessmen grow in number

(BL 15/09/2006) Bangalore - India is back to being a country of traders - over the online medium. About 12,800 people make their living from online shopping mall eBay India. 38 per cent of sellers have quit their jobs and are depending on eBay as a primary source of income, said Gautam Thakur, Country Manager, eBay India Marketplace, at the launch of an eCommerce guide in the city.

"eBay is becoming a source of livelihood to many unemployed graduates, the elderly, rural communities and minority classes, women," he added.

The eCommerce Guide spells out basic business models of eCommerce, benefits to users, profiles of sellers and buyers as well as listing industry statistics. In addition, there are chapters on tech trends and resources to assist the consumers in understanding the newer developments in eCommerce.

This is part of the Web Site's initiative to catch the attention of entrepreneurs in the country.