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Home-grown e-commerce companies such as Flipkart and Snapdeal, which have reached out to Indian artisans and small cottage industries, are unable to sell their products in the international market, while their global rivals such as Amazon and eBay are able to do so with ease.
“Companies like Amazon have a long-term goal to export products from India and also, they have deep pockets (investments), while Flipkart and Snapdeal are still struggling in getting margins,” Sanchit Vir Gogia, Chief Analyst and CEO at Greyhound Research, said.
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