Indian users spend almost Rs. 1 lakh per year on online shopping

[NewsBytes]

According to a new study by credit card giant Visa, the average Indian Internet user spends $2,066, or approximately Rs. 96,000, on buying goods and services through the Internet every year. Purchasing digital downloads was the most popular form of consumer e-commerce, the study found. Seventy-six per cent of respondents from India, the highest among Asia-Pacific, have bought a form of digital entertainment over the Internet in the last 12 months. Music downloads (63 per cent) emerged as the mos...

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[als2]

not possible

[asingh]

What sample demographic they used to ascertain their average.

It could be "of all online transactions done, the average was $$$". But it still seems too high.

[sakumar79]

The average Indian net user spending 8000 per month on online shopping? That is nonsense...

Arun