eBay expects e-commerce users in Gujarat to double

Recognising the rapid growth of e-commerce entrepreneurship in Gujarat's tier II and tier III cities, eBay India has decided to focus on the state as a global sourcing hub for diamonds, apparel, furnishings and handicraft.

As per company estimates, the Indian e-commerce market is likely to be worth Rs 1105 crore in 2007-08, when the company aims to have a 34 per cent market share.

The top cities from Gujarat involved in e-commerce through eBay are Ahmedabad, Surat, Sibhor, Rajkot, Vadodara and Bhavnagar.

The products are believed to be popular among traders and customers in the US, UK, Germany, France, Italy, Canada and Australia.

Gujarat currently makes up 5 per cent of the total two million users in India. eBay expects the numbers to double by year end.