The Federation of Tibetan Co-operatives in India has decided to jump into the competitive and potentially very lucrative online shopping business. Phayul.com reported on Oct. 26, 2013, "FTCI launches shopping portal." On Saturday the Federation of Tibetan Co-operatives in India (FTCI) launched its online shopping portal at Hotel Tibet, Mcleod Ganj.
Tibetan Home Minister Dolma Gyari attended the quite inaugural ceremony. Gyari commented at the occasion, “I support and appreciate the organization for taking a step along with change in a way of doing business in the world.” She added that she thinks the Tibetans should attempt to produce the products which will be available in the site by themselves. At this time over 200 products will be available under nine categories. Purchases from the FTCI site can be made from 15 countries including China, Australia, France, Japan, United Kingdom and the United States.
Until recently this did not appear to be a viable project due to lower numbers of people using internet banking and unreliable shipping services. It is hoped by the Tibetans that this venture will spark off business development for the Tibetan community in India. The Federation of Tibetan Co-operatives in India (FTCI), is a registered independent body which is composed of 15 Tibetan cooperatives, and is a member of Fair Trade India Forum.