Mobile Commerce is the subset of e-commerce, which includes all
e-commerce transactions, carried out using a mobile (hand held) device. This
paper attempts at figuring out the relevance and potential role that m commerce
can play in the development of Indian business environment, in particular rural
India. M Commerce in India is at its infancy, with significant uncertainties
and complexities due to evolving business and regulatory models, which are
further complicated by the involvement of large number of interrelated players
in it. Timely and correct public policy interventions are needed to allow it to
unravel its potential and help the country to reap the benefits. The basic
purpose of topic is to throw light upon increasing use of mobiles &
smartphones in business, trade & commerce industry. The topic has been
divided into four phases. In the first phase, general introduction about Mobile
commerce has been explained. In the second phase, applications of mobile phones
in various commercial activities have been discussed. The third phase of the
topic describes key statistics on use of mobiles & smartphones by Indians
in various market segments. In the final
phase, efforts have been made to explain the impact of M-Commerce on Indian
Youth & issues.
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