{"id":18138,"date":"2021-11-25T12:59:47","date_gmt":"2021-11-25T07:29:47","guid":{"rendered":"https:\/\/www.tpci.in\/?post_type=tribe_events&p=18138"},"modified":"2021-11-25T13:12:07","modified_gmt":"2021-11-25T07:42:07","slug":"webinar-on-cross-border-e-commerce-catalyst-for-1-tn-exports","status":"publish","type":"tribe_events","link":"https:\/\/tpci.in\/?tribe_events=webinar-on-cross-border-e-commerce-catalyst-for-1-tn-exports","title":{"rendered":"Webinar on Cross border e-commerce: Catalyst for $1-tn exports?"},"content":{"rendered":"

Trade Promotion Council of India is organising a webinar on 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>\n

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 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>\n

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. 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>\n

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>\n

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>\n

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>\n

Following is the list of esteemed panellists for the session:<\/strong><\/h4>\n

\u25cf Dr K Rangarajan<\/strong>, Centre Head & Professor, IIFT, Kolkata Campus<\/p>\n

\u25cf Rajat Wahi,<\/strong> Partner, Deloitte India<\/p>\n

\u25cf Venkat Nott,<\/strong> Founder & CEO, Vinculum<\/p>\n

\u25cf Deep Bajaj,<\/strong> Founder & CEO, Sirona Hygiene Pvt Ltd<\/p>\n

The session will be moderated by Virat Bahri<\/strong>, Deputy Director, Trade Promotion Council of India and Editor, India Business & Trade<\/p>\n

 <\/p>\n

Takeaways from the webinar<\/strong><\/h4>\n

\u25cf Product\/market opportunities in cross-border e-commerce for Indian brands, particularly SMEs.<\/p>\n

\u25cf Payment-related issues, regulatory challenges like data protection, export controls, etc. across markets<\/p>\n

\u25cf Policy and regulatory interventions needed to propel cross-border e-commerce in India<\/p>\n

\u25cf Online channel strategy and how to build a direct-2-consumer (D2C<\/em>) channel for cross-border e-commerce.<\/p>\n

\u25cf Opportunities, practical problems and solutions, while promoting your brand across markets<\/p>\n

\u25cf Technology interventions that could propel the growth of this sector in the coming future.<\/p>\n

 <\/p>\n

To register for the session, click https:\/\/zoom.us\/webinar\/register\/WN_7JWBWRosStKtP8RTSBrhSA<\/a>. For any queries, please contact editorial@tpci.in<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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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