July 13, 2024

Surupa Gupta Featured in Slate.com Story

Surupa Gupta recently weighed in on a story in Slate.com called “Walmart Enters India’s Crowded E-Commerce Market.”

“I think Walmart is making a long-term bet, because the e-commerce sector in India is not very big compared to Chinese or American e-commerce,” said Surupa Gupta, a professor at the University of Mary Washington who studies international political economy. She noted that growth is going to depend on the wider availability of smartphones and internet, better online payment systems, more trust in online retailers, and the effectiveness of the tax reform that was passed in the country last year.

“The projection for huge growth in e-commerce by 2026 is based on this notion that all these developments collectively will lead to that big payoff,” she said. “There are a lot of moving parts that have to fall in place for this to be realized.”

Read more at: https://slate.com/technology/2018/05/walmart-buys-flipkart-to-take-on-amazon-in-india.html