Alibaba Has Another Big Step Forward In India'S E-Commerce Market.

"We plan to enter the e-commerce market in India in 2016," said Michael Evans, President of J.Michael Evans.

We have been searching for e-commerce opportunities in India. Under the background of "digital India", we are excited about entering the e-commerce market in India.

According to Evans, the Alibaba is assessing opportunities for establishing an organized business while looking for other opportunities.

Last Friday, Evans and K Guru Gowrappan, general manager of Alibaba group, met with Ravi Shankar Prasad, Minister of information and communication technology of India.

Evans said at the meeting that Alibaba plans to enter the India market, serving customers and consumers, and serving small businesses as it meets Alibaba's history and DNA.

"We have

In the field of payment and e-commerce, we will plan specific strategies next year.

Evans said.

Alibaba has invested in Paytm (India third party payment platform) and Snapdeal (India local e-commerce platform).

Ravi Shankar Prasad, Minister of information and communication technology in India, said: "we hope Alibaba will enter India and hope that it will develop smoothly in India, including expanding e-commerce business. Alibaba is looking for this possibility.

I want to reiterate that Alibaba's entry into India and its development in India are completely free. "

Participants in the conference said Alibaba hopes to enter the India market in large numbers, especially in the e-commerce market.

Alibaba may go its own way or cooperate with other enterprises.

Ravi Shankar Prasad, Minister of information and communications technology in India, said: "I explained to the Alibaba that e-commerce in India is booming, growing more than 60%."

In November 2014, Alibaba founder

When he first visited India, he had said he would invest more in India and work with India entrepreneurs and India technical experts to improve relations between the two countries.