For any Indian company, even established ones, reaching Alibaba’s level will be difficult because the domestic market is already crowded. Though there is enough room for growth, global giants with deep pockets are competing with Indian players. Amazon CEO Jeff Skilling, at the time of announcing a $2 billion dollar investment in India -- which was in response to Flipkart's $1 billion fundraising -- said that “At current scale and growth rates, India is on track to be our fastest country ever to a billion dollars in gross sales."
Shishir Asthana from Business Standard really needs a fact checker. Also, why is Business Standard writing Business Insider type articles?