Ecommerce: Average Indian spends nearly 1 lakh?

This news will certainly surprise an average Indian :
According to a new study by credit card giant Visa, the average Indian Internet user spends $2,066, or approximately Rs. 96,000, on buying goods and services through the Internet every year. Purchasing digital downloads was the most popular form of consumer e-commerce, the study found. Seventy-six per cent of respondents from India, the highest among Asia-Pacific, have bought a form of digital entertainment over the Internet in the last 12 months. Music downloads (63 per cent) emerged as the most popular digital entertainment purchase.

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