This section of e-Commerce is also catching up in India smoothly and on a good pace. Online classifieds allow people who can be called as Internet Users to showcase their offerings providing them a big and a very huge platform. These online classifieds could be used for several purposes like for matrimony, Job search, Advertisements for sale and purchase of fixed assets, automobiles etc. Out of these especially online matrimony and Job portals have the major market share.
This trend is very much popular among the youngsters or the young clan whereas on the other hand the middle aged and senior citizens still resort to middlemen instead of these online portals since they are not that Internet savvy and apprehensive about using Internet for such purposes. The size of Online Classifieds industry comes to Rs. 540 crores for the year 2006-07. At the end of 2007-08, the industry is expected to grow by 52% to Rs. 820 crores. Growth in this industry is also due to the increase in the Internet usage and e-Commerce transactions growing in India. These figures are being taken from the IAMAI report on e-Commerce market in India.
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