FAISALABAD: Syed Zia Alamdar Hussain, acting President Faisalabad Chamber of Commerce and Industry (FCCI) has said total business volume of E-Commerce has recorded a phenomenal increase that jumped from US$ 60 million to US$ 2 billion just within a short span of few years.
He was talking to Joost Van Der Gelt representative of Vida XL.Com, an online company of Netherland.
Joost was on a business trip to purchase different products including textile items from Pakistan, India, China and Bangladesh for his company.
Syed Zia said that online business was a new concept and during last three months this business has recorded 50 percent increase which is reflective of its bright future.
This new trend will provide quality products at comparatively cheap rates as it has many advantages including maintaining only warehouses instead of well decorated departmental stores in posh city areas.
He said that the general consumers, under this scheme, has a unique facility to get products of its choice while sitting in his house and by just with a single click on his computer.
Joost said that head office of his company was in Holland. This company is daily sending more than 5000 parcels. The business volume of ViDA XL.Com has risen to 150 million Euros. It is comparatively a small company but its growth is much faster and just during last week it has started online supplies to the consumers of North America.
Dr Khurram Tariq, Central Chairman, Pakistan Hosiery Manufacturers and Exporters Association (PHMA) said a Sialkot-based company is producing and supplying horse rider's shoes to different countries.
These shoes are specifically manufactured according to the size of its consumers, he said.
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