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I watched the live webcast of the IAMAI E-Business Summit held at the ITC Grand Central in Mumbai, where opportunities and challenges for e-business in India were discussed. The summit focused exclusively on the Internet business in India and I hope there’s one planned for mobile since that’s one space where there are more questions than answers as of today. Some interesting issues were raised regarding security of transactions, KYC (Know Your Customer norms), representation of the Internet and Mobile Industry to regulatory bodies and the privacy of user date. Our complete coverage:
– Focus On Future, Not Past, Will Drive Growth
– CAGR of 100% For Online Transactions Of Physical Goods Over Next 5 Years
– Local Languages, B&C Towns, Lack Of Talent And Personal Information
– Offline To Online, Enabling Transactions And Evaluation Of Buyers, Sellers
– India Credit Card, KYC Norms And Supplier Issues
– Security Concerns And Making The Most Of Product Life Cycles