Business to Business E-Commerce

Electronic commerce is presently an indispensable ingredient of India’s trade facilitation policy. After, economic reforms explicitly took place in India as a result of the opening of the global economy with a view to integrating itself with the global economy, the need to facilitate international trade both through policy and procedure reforms has become the foundation stone of India’s trade and fiscal policies. The commercialization of the internet has driven electronic commerce to become one of the most capable channels for inter organizational business processes. Although business transactions play an important part in the e –commerce market, a share of e-commerce revenues in rapidly developing countries like India is generated from business to consumers in the form of availability of goods as lower cost, wide choice and saves time.