Transition to E-commerce in India Challenges to Indian corporate Awareness,16% Infrastructure and access Human capacity and skills Legal and regulatory framework Financial institutes Internal resistance(cultural changes, not many are prepared) External driving factors Sheer necessity Global market Value for money No-entries barriers Need of Act 2000 For legal recognition transaction carried out by means of electronic data interchange and other means of electronic communication For electronic filling of documents ,with govt. agencies For delivering govt. services by means of reliable electronic records Overview of ACT-2000 Electronic contracts will be legally valid Legal recognition of digital signature DS to be effected by use of asymmetric crypto system and hash function Security procedure for ER & DS Appointment of certifying authorities and controller of CA. CA should get license to issue digital signature certificate Various types of computer crime defined and penalties are decided Appointment of Adjudicating Officer Establishment of cyber appellate Tribunal Appeal from Adjudicating Officer to cyber appellate Tribunal not to civil court Appeal from cyber appellate Tribunal to high court Act to apply offences committed outside India NSP not to be liable in certain areas Power of police officers to enter into any public place and search and arrest without warrant IT Act enables Legal recognition to electronic record Facilitate electronic communication by means of electronic record Acceptance of contract expressed by electronic mean Facilitate e-commerce and EDI Facilitate electronic filing of documents Retention of documents in electronic form Prevent computer crime, forged electronic record falsification in e-commerce and electronic transaction Positive aspects for corporate sector E-mail will now be valid and legal form(memos) E-commerce using legal infrastructure Able to use DS Entry of corporate in the business of being CA 2001-2002,4% ,hike in online shopping 2001-2002,13%-16%, Internet user Cost- effective, time saving and profitable solution Push for e-commerce adoption Started using EDI & E-SCM Modern trends in E-business E-business process Information sharing Order payment Fulfillment Service Support Modern trends in E-business Need Security Infrastructure Digital cash Online catalogs EDI E-mail Institution E-strategy Technology Market Integrated Estrategy Brand Service Dimensions of E-strategy Leadership Technology Service Infrastruct ure Market Brand Organizati onal The commerce value chain Attract(Adver.) Interact(Catal. sale) Act(Order capture) React(Cust. service) Planning the E-commerce project Identifying the initiative’s objective Linking Objective to business strategy Managing business strategy Continuing operation of the initiative