Hyderabad Shuns Malls and Opts for Online

E-Commerce in Hyderabad is growing by leaps and bounds. The segment has registered an impressive growth of 25% during Dussehra festival this year when compared to Dussehra and Diwali festivals last year. This was revealed by a report of Associated Chambers of Commerce and Industry of India (Assocham) and the Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry (FTAPCCI).

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Experts are expecting, even more, growth by the end of this year with festivals such as Diwali, Karthika Masam, Christmas and New Year fueling the buying spree among the customer. The online shopping in Hyderabad increased by 200% while the offline shopping in the city dropped by up to 40 percent indicating the boom for E-Commerce.

E-commerce websites enable consumers to save time and money and avoid traffic jams apart from having a wide selection of products to choose from. They also offer extensive discounts to the customers. Offline Retail Business is going to become extremely hard in the coming years with the stiff competition from E-Commerce sites.