Ebook sales yet to take off in India; Amazon says market is incipient

Ebook sales yet to take off in India; Amazon says market is incipient

http://economictimes.indiatimes.com/tech/software/ebook-sales-yet-to-take-off-in-india-amazon-says-market-is-incipient/articleshow/45788912.cms
[NB Expect the page to dance a bit before settling.]

By "incipient", I take it the company means "they don't love us"!

" However, globally too, ebook sales have flattened out. According to 
the new report from the Bookstats Project, US publishers raked in $3 
billion from ebook sales last year, which is nearly unchanged from 2012.

" "Low internet penetration, low confidence levels on credit card usage, 
a lack of subscriber billing facility or mobile commerce and, 
ironically, a lack of knowledge of ebooks are among the hindrances to 
growth," says Ananth Padmanabhan, senior VP (sales), Penguin Random House. "