{"id":19902,"date":"2021-10-14T15:30:11","date_gmt":"2021-10-14T10:00:11","guid":{"rendered":"https:\/\/www.instamojo.com\/blog\/?p=19902"},"modified":"2021-10-14T16:18:06","modified_gmt":"2021-10-14T10:48:06","slug":"new-association-for-indian-ecommerce-cie","status":"publish","type":"post","link":"https:\/\/www.instamojo.com\/blog\/new-association-for-indian-ecommerce-cie\/","title":{"rendered":"What you Need to Know about the New Association for Indian eCommerce"},"content":{"rendered":"<p>A national association for Indian eCommerce companies has been announced under the official name of Confederation for Indian eCommerce (CIE). Here&#8217;s everything you need to know about it.<\/p>\n<p><span style=\"font-weight: 400;\">Indian eCommerce is now a 38 billion dollar industry and still <a href=\"https:\/\/www.instamojo.com\/blog\/the-rise-of-value-ecommerce-what-does-this-mean-for-indian-e-retailers\/\" target=\"_blank\" rel=\"noopener\">rapidly growing<\/a>. It comprises of large scale businesses as well as MSMEs and startups. The eCommerce space is a large network of e-retail companies, export markets, policy makers, and of course, online consumers.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-19919\" src=\"https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2021\/10\/ecommerce-market-size.png\" alt=\"ecommerce market size\" width=\"1000\" height=\"743\" srcset=\"https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2021\/10\/ecommerce-market-size.png 1000w, https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2021\/10\/ecommerce-market-size-300x223.png 300w, https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2021\/10\/ecommerce-market-size-768x571.png 768w, https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2021\/10\/ecommerce-market-size-380x282.png 380w, https:\/\/www.instamojo.com\/blog\/wp-content\/uploads\/2021\/10\/ecommerce-market-size-800x594.png 800w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Wouldn\u2019t it be great to have an association that includes every section of the Indian eCommerce space and advocate for their needs? In fact, this has now become a reality. An apex association of eCommerce companies called Confederation of Indian E-commerce (CIE) has come into existence.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The CIE is a non-profit organisation based out of Delhi. Therefore, it aims to provide a neutral voice of the Indian eCommerce industry by bringing the companies, government, policymakers, as well as consumers on a single platform.\u00a0<\/span><\/p>\n<h3><strong>Who will be in the association?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">As per a recent statement, top e-retail companies, MSMEs, startups, and farmers associations are being invited to become active members of the CIE. Additionally, the association will include export agencies, policymakers, and the government.<\/span><\/p>\n<h3><strong>Who are the Founders?<\/strong><\/h3>\n<p>This initiative was founded by a group of industry veterans, including Amitabh Singhal (former CEO and founder of National Internet Exchange of India) and Ajay Sharma (two decades of experience at India\u2019s top business associations).<\/p>\n<h3><strong>What does CIE aim for?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">\u201cCIE is a body of the industry and by the industry. CIE intends to be the neutral voice of the industry by bringing the government, industry, policymakers and consumers on one platform,\u201d a statement says.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This means, the CIE will be an association dedicated to the well-being and prosperity of e-retail companies in India. The confederation will backup members by catering to different needs. CIE is perhaps the biggest association in India exclusively for eCommerce sellers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The statement further elaborates the aims of the association. Here are the key takeaways:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">CIE will provide a platform for e-retailers to take up economic or policy issues with the government and other agencies.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Support to small businesses<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Encourage traditional retail to enter eCommerce<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Easy access to export markets and promote exports<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Easing regulatory compliance for export<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Another main feature is that the CIE will be a powerful association that works with the state governments to build agendas that support the needs of eCommerce companies and local MSMEs. They will also work for integrating the small businesses with digital retail by familiarising them with the e-retail market.<\/span><\/p>\n<p><strong>Related Read: <a href=\"https:\/\/www.instamojo.com\/blog\/ecommerce-advantages-and-disadvantages\/\" target=\"_blank\" rel=\"noopener\">Top eCommerce Advantages and Disadvantages<\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Another aim of the confederation is to build the ecosystem for the agriculture sector and promote technologies to empower the farming community. This makes it a good platform for the FMCG sectors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The organisation will also focus on industry research and other activities to collect relevant data. Some of them include consumer research, capacity building, thought leadership, and representing members\u2019 concerns and issues to the government.<\/span><\/p>\n<h3><strong>To Conclude<\/strong><\/h3>\n<p>The creation of such a big organisation for eCommerce points to the fact that Indian e-retail industry is becoming a huge part of the market. Therefore, as an online business owner, you need to make sure that your business stays at the top and make good use of this opportunity.<\/p>\n<p>The best way to scale your business online is to start an eCommerce website. With Instamojo, you can start a store easily in just a few steps. So, sign up for free and discover your own online store!<\/p>\n<hr \/>\n<p style=\"text-align: center;\"><a class=\"mb-button mb-style-flat mb-size-default mb-corners-default mb-text-style-default \" style=\"background-color: #4e4e91;\" href=\"https:\/\/www.instamojo.com\/online-store\/?utm_source=imblog&amp;utm_medium=interlink&amp;utm_campaign=online_store\">Start Your Own Store<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"A national association for Indian eCommerce companies has been announced under the official name of Confederation for Indian&hellip;\n","protected":false},"author":60,"featured_media":19916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[4836,4833,4832,4835,4834],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What you Need to Know about the New Association for Indian 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