Welcome Guest

Businessex.Com
Home News Internet users in rural areas to touch 210 million by 2018: IAMAI-BCG Report

Internet users in rural areas to touch 210 million by 2018: IAMAI-BCG Report

Tags: internet, e-commerce, rural area, IAMAI, Google, Mobile, Boston Consulting Group

January 16, 2015 | COMMENTS ( 0 )

Internet users in rural areas to touch 210 million by 2018: IAMAI-BCG Report

The Union Minister of Communication and Information Technology Ravi Shankar Prasad was present at the 9th India Digital Summit of Internet & Mobile Association of India (IAMAI) held in New Delhi.

Releasing the IAMAI & The Boston Consulting Group (BCG) report on India@Digital.Bharat, Prasad said, “India’s growth is interlinked to the Digital India programme. The government is dedicated in creating a digital ecosystem that will enable internet to touch the lives of all Indians.” 

He further added, “We need to look at creating hubs in rural India that will help grow e-commerce, which remains unexplored so far. Unless connectivity reaches every village of India, they dynamics of growth will remain unchanged. It took 30 years to cover 10 lakh km of optic fibre laying, and in just next 3 years 7 lakh kilometre will be added, making rural connectivity a reality.”

Sharing his views on what needs to be done to boost India's Internet economy, Prasad said, “For the Internet Economy to touch $200 billion by 2020, we need to move at a fast pace towards computer literacy. The other key areas which will help the internet economy to grow is Mobile internet. The government is committed to digitisation and we look at extensive PPP to the have successful implementation.”

The India@Digital.Bharat report establishes that India is headed towards an internet economy worth $200 billion by 2020, that will contribute 5 per cent of the GDP growing at 23 per cent compared to 13 per cent overall. Internet in India by 2018 will be more mature and mobile will be more predominant. The number of internet users in rural areas will touch 210 million by 2018, aiding India’s internet user base to cross 500 million by 2018.

Speaking at the launch of the Report at the India Digital Summit, Alpesh Shah, Senior Partner & Director – BCG, said, “India will have more than half a billion internet users in the next three years – this growth has the potential to fundamentally change the way in which consumers save, learn, play, move and work. However, the extent of shift will depend a lot on how the government and the industry come together to unlock the true potential of the internet.”

Earlier, delivering his inaugural address, Rajan Anandan, Chairman IAMAI and Managing Director, Google India, stressed on the growth of internet in India and successful roll-out of the government’s Digital India programme. He said, “India is the third country in the world to have over 5 internet companies valued at over $1 billion. India is the fastest growing internet country, but we need to move from narrow band to broadband at the earliest”.

India Digital Summit is IAMAI’s flagship annual event and has achieved great success and popularity in last few years. The Summit is attended by more than 800 delegates over two days, representing CEOs and senior executives, brand managers, publishers, advertisers, marketers or business owners, government officials, NGOs and evangelists from across sectors.

Please add your comment

Rating
Not readable? Change text.
Enter the characters as seen on the image (case insensitive)
  Notify me of followup comments via e-mail   Subscribe for daily newsletter

Other NEWS

Delhi based startup i2e1 raises $5,00,000

Delhi based startup i2e1 raises $5,...

December 10, 2015

Delhi-based i2e1, a smart network player platform which aims to provide low-cost and free internet to consumers and actionable ana....

Cab aggregators collaborate with state governments to boost entrepreneurship

Cab aggregators collaborate with st...

November 06, 2015

Ola and Uber, cab aggregators have signed agreements with Rajasthan government for skill development and creation of entrepreneuri....

Phase II of startup incubator T-Hub to be operational soon

Phase II of startup incubator T-Hub...

November 04, 2015

Telangana government is planning to expand T-Hub, its ambitious incubator programme, in its second phase with about Rs 150 crore i....

Sabse Technologies receives investment from Ratan Tata

Sabse Technologies receives investm...

November 04, 2015

Global telecom carrier, Sabse Technologies Inc, started by Hotmail Founder Sabeer Bhatia today announced that Tata Sons' Chairman ....

Mobile startup BlackNGreen seeks international expansion

Mobile startup BlackNGreen seeks in...

November 02, 2015

Buoyed by a strong demand for value added services, mobile startup BlackNGreen is eyeing revenue of Rs 350 crore in the next one y....

Startups seek better future under Hay Group's programme

Startups seek better future under H...

October 30, 2015

Global management consultancy, Hay Group will help 100 selected entrepreneurs transform their startups into successful companies o....

Quintype raises USD 3.25 million for product enhancement

Quintype raises USD 3.25 million fo...

October 27, 2015

Quintype, a data-driven publishing company raised USD 3.25 million to enhance product and business development. ....

Hospitality aggregator startup Qik Stay raises $250K

Hospitality aggregator startup Qik ...

October 27, 2015

Delhi-based Qik Stay, a hotel branding and aggregator startup, has raised $250K in seed round of funding from venture capital firm....

Milk Mantra targets a turnover of Rs 150 crore this fiscal

Milk Mantra targets a turnover of R...

October 26, 2015

Odisha-based startup dairy firm, Milk Mantra is targeting a turnover of Rs 150 crore this fiscal.....

Vista Rooms creates app on Instagram, targets tier II & III cities

Vista Rooms creates app on Instagra...

October 23, 2015

Mumbai-based online budget accommodation aggregator, Vista Rooms has created an app-like experience on Instagram where travellers ....

Jiyo Natural receives funding from Indian Angel Network

Jiyo Natural receives funding from ...

October 23, 2015

Indian Angel Network (IAN) has invested an undisclosed amount in Bengaluru-based consumer health food startup, Jiyo Natural.....

​​Vodoo raises USD 1 million from SAIF Partners

​​Vodoo raises USD 1 mi...

October 15, 2015

Deals and price comparison application, Vodoo has raised USD 1 million (around Rs 65 lakh) from SAIF Partners in a seed funding ro....

IBM launches public data centre in Chennai, partners with Nasscom to boost start ups

IBM launches public data centre in ...

October 15, 2015

Technology giant, IBM today launched public data centre in Chennai to tap into growing demand from financial services and governme....

For Nasscom, PPP will boost startups in India

For Nasscom, PPP will boost startup...

October 14, 2015

In the wake of some reservations over the central government creating startup funds, Nasscom's "10,000 startups" Vice President, R....

WalmartLabs to seek partnership with Indian startups

WalmartLabs to seek partnership wit...

October 14, 2015

WalmartLabs, the digital arm of US-based retailing major Walmart Stores, is scouting for startups in India for partnership and wor....