K Vaitheeswaran, CEO, Fabmall talks about the setting up of India's first online retail company. What was it like to set up an online store when dial-up was the way to access the Internet in India?

Located in Bangalore, Karnataka, Fabmall was founded in 1999 by six engineers at a time when PC penetration in India was low, and dial-up was the main way to access the Internet. What did it take to establish the online presence? How did they go about setting up their online store and start generating revenue?

Currently the Indian retail industry is poised for a huge growth according to many analysts and researchers. R. Sriram, helped found Crossword, a successful bookstore chain comments that in the next few years 10 percent of India's GDP will be generated from the retail sector.

retail in india Retail India Fabmall India