Lakhs Crores Millions Billions.

Lakh Crore

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E-Commerce: ` Lakhs and Crore to Millions and Billions.

If you are a company outside India targeting audience in India for marketing your product or service, it may be a good idea to learn the system of putting coma in large figures, and the meaning of lacs or lakh or crore. Or the other way round, Indian organization having a web site for export. New symbol for Indian currency is changed from Rs. to ` .
This handy conversion method is to help managers and management students, who are engaged in the international business. This is useful if you are reading articles or financial statements, where amounts are mentioned as "so-many" Millions / billions. This is regarding conversion of Lakhs and Crores to Millions and Billions, and vice versa. This conversion table has been provided for ready reference. Please note that the placement of coma in India, is after two zeros, and in international is after three zeros, as shown below.

Indian term	International term	Indian coma position	International coma position
1 Lakh	100 Thousands	1,00,000	100,000
10 Lakhs	1 Million	10,00,000	1,000,000
1 Crore (100 Lakhs)	10 Million	1,00,00,000	10,000,000
10 Crore	100 Million	10,00,00,000	100,000,000
100 Crore	1 Billion	1,00,00,00,000	1,000,000,000