Mumbai is India’s economic capital and among some of the most developed tech centers in Asia. But even though it would be expected for the FinTech industry to be the main contributor to the local economy, the tech sector is surprisingly surpassing all other industries and is considered the top key industry. 

According to Indiatimes, Mumbai has one of the highest tech job opportunity growth in Asia, and more exactly 32.5% which makes it a promising place for both tech companies and skilled professionals. However, investors are somewhat cautious in investing in tech startups and rather prefer to bid on solid and sustainable business - the main reason for that being the unstable startup ecosystem.  With all these, the Mumbai tech industry still manages to attract new professionals, especially those who are returning from overseas, with rich experience in the field. 

According to payscale, the tech average wage in Mumbai is estimated to be 804K INR or almost $11000 USD/year, but of course, it may vary from company to company. The high competition among Indian tech companies lead to lower prices/project and lower hourly rates which also means that Mumbai is a good place to find IT and software companies that charge lower than other western companies per project. 

At the same time, one of the biggest challenges IT companies face is the talent shortage, which reached in 2020 critical levels. According to the same source, the shortage of entry-level devs was 46,6%, middle level - 33.87%, and senior-level over 19%. The problem is expected to be solved in the near future mainly because of young professionals that graduate from tech universities in Mumbai and also due to talent migration within India. 

In case you are searching for a partner for a tech project in India, Mumbai is surely one of the best destinations you should explore. 

e-Commerce development services encompass the creation and enhancement of online platforms that enable businesses to sell products and services over the internet. It is closely related to web development, mobile app development, payment processing, and digital marketing.

According to Forbes, by 2026, the U.S. e-Commerce market is expected to reach the value of $8.1 trillion.

Businesses can experience numerous benefits by leveraging e-Commerce development services from specialized IT companies:

• Global Market Reach: Online platforms enable businesses to reach a vast customer base worldwide, breaking geographical barriers.
• Enhanced Customer Experience: User-friendly interfaces, personalized recommendations, and streamlined checkout processes boost customer satisfaction and retention.
• Increased Sales and Revenue: Effective e-commerce platforms drive conversions, upselling, and cross-selling opportunities, leading to revenue growth.
• Scalability and Flexibility: Robust e-commerce solutions accommodate business growth, adapting to changing market demands and expanding product catalogs.
• Streamlined Operations: Integrated inventory management, order processing, and automated workflows streamline operations, improving efficiency.

When selecting an e-Commerce development service provider for a project, you may want to consider the following criteria:

• Experience and Expertise: Look for companies with a proven track record in developing successful e-commerce platforms, preferably in your industry.
• Technology Stack: Assess the provider's proficiency in popular e-commerce platforms (e.g., Shopify, Magento, WooCommerce) and their ability to customize solutions to your specific requirements.
• Design and User Experience: Prioritize companies that excel in creating visually appealing, intuitive, and mobile-responsive e-commerce websites.
• Security and Payment Integration: Verify that the provider adheres to stringent security standards and can seamlessly integrate secure payment gateways.

TechBehemoths.com can assist in choosing the best e-Commerce development companies for your projects. With a vast directory of over 7,800 IT companies offering e-Commerce development services, TechBehemoths.com simplifies the selection process. The platform provides comprehensive profiles, client reviews, and ratings to help you evaluate and compare different service providers. You can leverage the advanced search filters to narrow down your options based on industry expertise, location, and project requirements, ensuring a tailored match for your e-commerce development needs.