2016 saw over 69 million consumers shop online: ASSOCHAM study

New Delhi: In 2016, about 69 million consumers purchased online and the number is expected to cross 100 million by 2017 with the rise of digital natives, better infrastructure in terms of logistics, broadband and Internet-ready devices to fuel the demand in e-Commerce, according to a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), one of the apex trade associations of India, and Resurgent India, a consultancy firm.

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Taurus reports progress of its Downtown Technopark project in Trivandrum

Trivandrum: Taurus Investment Holdings, the promoters of the proposed Downtown Technopark project adjacent to the Technopark campus in Thiruvananthapuram, has finally reported some progress. The project, announced in September 2012 at the Emerging Kerala summit, has a projected total investment of Rs 2,000 crores over its two phases to involve the development of 50 lakhs square feet of IT SEZ and non-SEZ space.

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