Hi Needresearch,
Thank you for your question.
My search for news articles about B2B marketplaces operated in India
returned the following results.
“Freemarkets, the online B2B auction marketplace, will invest another
$5 million in India over the next 12-18 months to expand its offices
and staff in the country. This is in addition to the $5 million
already invested in the country since it began operations here 18
months ago.”
The Financial Express
India’s First E-Business Paper
http://www.financialexpress.com/fe_full_story.php?content_id=2050
A press release from IndiaMart April 10, 2002
“Launched in 1996 by IndiaMART InterMESH Ltd, IndiaMART.com today
stands as one of the oldest and largest online B2B marketplaces in
India. Declared as India's only dotcom company to have broken-even and
shown cash profits according to the Business World survey of dotcom
profitability (14 May'01), IndiaMART InterMESH Ltd. has shown
increasing profits during all six years of its operations since 1996.”
IndiaMart Website
http://www.indiamart.com/press-section/releases/indiantendersportal.html
Mr. Ashok Soota one of the founders of MindTree Consulting talks about
the Indian IT scenario
“The B2B market in some respects is like a wholesale market while the
B2C market can be compared to a retail market. Obviously, there is a
need for both. Certainly, B2C growth in India is constrained by PC
penetration and also consumer habits take time to change. Ultimately,
there will be a large market for both B2B and B2C in India, thought
the initial growth of B2B in India will be faster.”
The Financial Express In arrangement with ITspace.com
http://www.financialexpress.com/fe/daily/20010128/fco26019.html
“Esugarindia (a B2B portal), the country’s first online sugar futures
exchange, is expected to go on-line by end-June, if the ongoing
efforts of the company fructify”
The Financial Express May 2002
http://www.financialexpress.com/fe_full_story.php?content_id=9800
This article taken The Financial Express dated April 2002 seemed
interesting.
“Hindustan Lever Ltd (HLL) launched an end-to-end supply chain
initiative called ‘Project Leap’ last year. It represents one of the
largest B2B e-commerce initiatives ever undertaken in India and will
reach towns where even local Internet infrastructure has not reached”
The Financial Express April 2002
http://www.financialexpress.com/fe_full_story.php?content_id=6014
At the India Markets Website you can read about how “Indiamarkets.com,
a leading business-to-business (B2B) horizontal eCommerce marketplace,
and Ariba, Inc. (Nasdaq: ARBA), the leading B2B eCommerce platform and
network services provider, today announced they have teamed to promote
B2B eCommerce in India and abroad.”
India Markets Website
http://www.indiamarkets.com/imo/tradezone/ariba.html
A forecast of B2B transactions in India.
“According to the global consultancy firm Gartner, business to
business (B2B) e-commerce transactions in India are expected to cross
$14 billion mark by 2004”
ZDNet India Business Website
http://www.zdnetindia.com/biztech/ebusiness/b2b/stories/39208.html
Search criteria:
B2B India news articles
India B2B news
I hope you find this information helpful.
Best regards,
Bobbie |
