Amazon has started Junglee.com for the indian consumer space. That is exciting news, if Amazon can maintain the standards it has maintained in the US.
The word is that even though the products are listed in Indian Rupees, the products are going to be shipped from India. However this will soon change, since amazon is building a huge inventory base in india.
This is not going to be a very good news for companies like Flipcart.com, which is doing quite well in the Indian ECommerce arena.