A new report from Internet and Mobile Association of India (IMAI) suggests that the Internet commerce industry is on track to achieve a growth of 47 percent and reach $10.366 billion by the end of this year, an increase from $7.042 billion in 2010 and $4.387 billion one year earlier. The web travel industry has made the biggest contribution to the segment and was worth $8.443 billion by the end of 2010. Around 76 percent of the net commerce market in 2009 was accounted for by air and rail tickets, hotel booking, and tour packages, among others.
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