{"id":18138,"global_id":"tpci.in?id=18138","global_id_lineage":["tpci.in?id=18138"],"author":"1","status":"publish","date":"2021-11-25 12:59:47","date_utc":"2021-11-25 07:29:47","modified":"2021-11-25 13:12:07","modified_utc":"2021-11-25 07:42:07","url":"https:\/\/tpci.in\/?tribe_events=webinar-on-cross-border-e-commerce-catalyst-for-1-tn-exports","rest_url":"https:\/\/tpci.in\/index.php?rest_route=\/tribe\/events\/v1\/events\/18138","title":"Webinar on Cross border e-commerce: Catalyst for $1-tn exports?","description":"<p>Trade Promotion Council of India is organising a webinar on <strong>Cross border e-commerce: Catalyst for $1-tn exports?<\/strong> on December 1 at 3:00 pm. The webinar will focus on the growing trend of cross border e-commerce, India\u2019s current penetration and potential in the area and how exporters can leverage this exciting trend to ramp up their international footprint.<\/p>\n<p>&nbsp;<\/p>\n<p>According to Zion Market Research, global cross-border B2C e-commerce market earned revenue worth US$ 562.1 billion in 2018 and is predicted to reach <strong>US$ 4,195.4 billion<\/strong> by 2027, at a CAGR of nearly 28.4% during 2020-2027. Growing internet penetration, increased propensity for e-commerce, secure payment options and the rise in globalisation is fuelling this market and opening up myriad opportunities for sellers.<\/p>\n<p>&nbsp;<\/p>\n<p>E-commerce is likely to be the fastest-growing segment in retail in India in the coming 5-10 years as growing its share of total retail from 3% to 10-15%. E-commerce is likely to play a larger role in India\u2019s cross border trade and business. India crossed US$ 1 billion in exports for cross border e-commerce in 2020.&nbsp;Categories like handicrafts, home and linen, bedsheets, curtains, upholstery and apparel enjoy strong demand abroad. Amazon has been a frontrunner in leveraging this model with the launch of its service to allow sellers on its platform to sell to US and UK customers.<\/p>\n<p>&nbsp;<\/p>\n<p>The COVID-19 pandemic has precipitated a drastic shift in consumer behaviour in favour of online channels. Even as consumers are opening up to cross-border online shopping, companies are looking at strategies that can help them leverage this medium more effectively. SMEs get a vital route to expand internationally and even OEMs can bypass long channels to directly reach customers. Over 50% of customers used D2C for buying consumable or durable products during COVID pandemic.<\/p>\n<p>&nbsp;<\/p>\n<p>On the other hand, companies have to tackle multiple challenges including lack of knowledge about regional tax regulations, compliance, data protection laws, payment and return related issues, returns, and import\/export legislations. Customers cite issues such as high prices, delayed deliveries, low trust in terms of quality, etc.<\/p>\n<p>&nbsp;<\/p>\n<p>The webinar aims to enlighten exporters on the dynamics of cross border e-commerce and the strategies that can help them leverage this trend.<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>Following is the list of esteemed panellists for the session:<\/strong><\/h4>\n<p style=\"padding-left: 40px;\"><strong>\u25cf Dr K Rangarajan<\/strong>, Centre Head &amp; Professor, IIFT, Kolkata Campus<\/p>\n<p style=\"padding-left: 40px;\"><strong>\u25cf Rajat Wahi,<\/strong> Partner, Deloitte India<\/p>\n<p style=\"padding-left: 40px;\"><strong>\u25cf Venkat Nott,<\/strong> Founder &amp; CEO, Vinculum<\/p>\n<p style=\"padding-left: 40px;\"><strong>\u25cf Deep Bajaj,<\/strong> Founder &amp; CEO, Sirona Hygiene Pvt Ltd<\/p>\n<p>The session will be moderated by <strong>Virat Bahri<\/strong>, Deputy Director, Trade Promotion Council of India and Editor, India Business &amp; Trade<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>Takeaways from the webinar<\/strong><\/h4>\n<p style=\"padding-left: 40px; text-align: left;\">\u25cf Product\/market opportunities in cross-border e-commerce for Indian brands, particularly SMEs.<\/p>\n<p style=\"padding-left: 40px; text-align: left;\">\u25cf Payment-related issues, regulatory challenges like data protection, export controls, etc. across markets<\/p>\n<p style=\"padding-left: 40px; text-align: left;\">\u25cf Policy and regulatory interventions needed to propel cross-border e-commerce in India<\/p>\n<p style=\"padding-left: 40px; text-align: left;\">\u25cf Online channel strategy and how to build a direct-2-consumer (<em>D2C<\/em>) channel for cross-border e-commerce.<\/p>\n<p style=\"padding-left: 40px; text-align: left;\">\u25cf Opportunities, practical problems and solutions, while promoting your brand across markets<\/p>\n<p style=\"padding-left: 40px; text-align: left;\">\u25cf Technology interventions that could propel the growth of this sector in the coming future.<\/p>\n<p style=\"text-align: left;\">&nbsp;<\/p>\n<p style=\"text-align: left;\">To register for the session, click <a href=\"https:\/\/zoom.us\/webinar\/register\/WN_7JWBWRosStKtP8RTSBrhSA\">https:\/\/zoom.us\/webinar\/register\/WN_7JWBWRosStKtP8RTSBrhSA<\/a>. For any queries, please contact <a href=\"mailto:editorial@tpci.in\">editorial@tpci.in<\/a><\/p>","excerpt":"","slug":"webinar-on-cross-border-e-commerce-catalyst-for-1-tn-exports","image":{"url":"https:\/\/tpci.in\/wp-content\/uploads\/2021\/11\/1200x720-Pannel-Discussion-Cross-border-e-commerce.jpg","id":18139,"extension":"jpg","width":1200,"height":720,"sizes":{"medium":{"width":300,"height":180,"mime-type":"image\/jpeg","url":"https:\/\/tpci.in\/wp-content\/uploads\/2021\/11\/1200x720-Pannel-Discussion-Cross-border-e-commerce-300x180.jpg"},"large":{"width":1024,"height":614,"mime-type":"image\/jpeg","url":"https:\/\/tpci.in\/wp-content\/uploads\/2021\/11\/1200x720-Pannel-Discussion-Cross-border-e-commerce-1024x614.jpg"},"thumbnail":{"width":400,"height":400,"mime-type":"image\/jpeg","url":"https:\/\/tpci.in\/wp-content\/uploads\/2021\/11\/1200x720-Pannel-Discussion-Cross-border-e-commerce-400x400.jpg"},"medium_large":{"width":768,"height":461,"mime-type":"image\/jpeg","url":"https:\/\/tpci.in\/wp-content\/uploads\/2021\/11\/1200x720-Pannel-Discussion-Cross-border-e-commerce-768x461.jpg"},"blog-thumbnail":{"width":400,"height":200,"mime-type":"image\/jpeg","url":"https:\/\/tpci.in\/wp-content\/uploads\/2021\/11\/1200x720-Pannel-Discussion-Cross-border-e-commerce-400x200.jpg"}}},"all_day":false,"start_date":"2021-12-01 15:00:00","start_date_details":{"year":"2021","month":"12","day":"01","hour":"15","minutes":"00","seconds":"00"},"end_date":"2021-12-01 17:00:00","end_date_details":{"year":"2021","month":"12","day":"01","hour":"17","minutes":"00","seconds":"00"},"utc_start_date":"2021-12-01 09:30:00","utc_start_date_details":{"year":"2021","month":"12","day":"01","hour":"09","minutes":"30","seconds":"00"},"utc_end_date":"2021-12-01 11:30:00","utc_end_date_details":{"year":"2021","month":"12","day":"01","hour":"11","minutes":"30","seconds":"00"},"timezone":"UTC+5.5","timezone_abbr":"UTC+5.5","cost":"","cost_details":{"currency_symbol":"","currency_code":"","currency_position":"prefix","values":[]},"website":"","show_map":true,"show_map_link":true,"hide_from_listings":false,"sticky":false,"featured":false,"categories":[{"name":"Webinar","slug":"webinar","term_group":0,"term_taxonomy_id":18047,"taxonomy":"tribe_events_cat","description":"","parent":0,"count":21,"filter":"raw","id":18047,"urls":{"self":"https:\/\/tpci.in\/index.php?rest_route=\/tribe\/events\/v1\/categories\/18047","collection":"https:\/\/tpci.in\/index.php?rest_route=\/tribe\/events\/v1\/categories"}}],"tags":[],"venue":[],"organizer":[],"custom_fields":[],"json_ld":{"@context":"http:\/\/schema.org","@type":"Event","name":"Webinar on Cross border e-commerce: Catalyst for $1-tn exports?","description":"&lt;p&gt;Trade Promotion Council of India is organising a webinar on Cross border e-commerce: Catalyst for $1-tn exports? on December 1 at 3:00 pm. 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