Just Getting Started: India’s Internet Growth Story
“In Q3 2018, the number of internet users in India will reach 500 million — more than the full populations of the United States, Mexico, and Canada combined.”
Herein these numbers lies a game-changing story of technology-led economic development driven by both internet and broadband penetration — especially in rural India where livelihood changes can be dramatic and lasting. Silicon Valley and Wall Street’s attention on the market will continue to ebb and flow, including occasionally as a product of more sensational stories in other markets, but the pace of change and inherent business opportunities in India’s internet ecosystem persist regardless.
While it often feels as if India’s digital transformation has been trending for the past decade and is old news, the big story is just getting started.