India to be ranked 3rd largest Internet market after China and the US

[Bl[i]tZ]

NEW DELHI: By the end of this year, one in every 10 Indians will be an Internet user, making the country the third-largest Internet market in the world after China and the United States.

At the end of December, 121 million Indians will be accessing the Internet at least once a week to check emails, chat or log on to a social network, a survey has found. India is adding Internet users at the rate of almost 5-7 million a month, and at the current pace it will surpass the US, which has about 245 million users, in less than two years.
:india:

According to the survey by IMRB and the Internet &Mobile Association of India, the country's Internet population was about 112 million by September. When this year ends, about 9 million more will be added, making India one of the world's top markets for Net-based businesses.

The profile of users is evolving rapidly, showing that the medium has made deep inroads into smalltown India and among the less affluent. There are more Internet users in towns with a population of less than 5 lakh than in the top eight metros put together.

Schoolchildren make up more than a fifth of the users and more than one in 10 belong to the lowest socio-economic groupings. The Internet explosion is also rapidly opening up markets for online businesses, consumers and retailers.

For entrepreneurs such as Deepinder Goyal, founder and CEO of Zomato.com, the Internet is changing the business landscape forever in favour of India. "Now startups look to India when planning to start a business... earlier they would flock to the US," he said. The number of customer visits to his site, which provides listings of restaurants, has doubled in the past six months to 2 million.

"We are seeing 10% week-on-week growth." About 2 billion people worldwide access the Internet and 25% of them are from China. India contributes about 6% to the world's Net population and the US 12.5%.

India to be ranked 3rd largest Internet market after China and the US - The Economic Times

It'll improve at a much faster rate once Aakash reaches the masses.

 

[rai_kamal]

Now thats what we call "starting the day with a bang"..
Incredible !ndia flexes its muscles......

 

[rai_kamal]

My classmates have decided to buy the Akash in groups,and we will be ordering around 80-90 Akash...
Its is one our countries symbol now..

 

[ramu]

My classmates have decided to buy the Akash in groups,and we will be ordering around 80-90 Akash...
Its is one our countries symbol now..

Can you tell me how I can buy one ?

 

[Veeru]

Net users cross 100m, to boost e-commerce

By S Shyamala Nov 07 2011 , Chennai

India has reached a milestone in tele*communications. The country has topped the 100-million in the number of internet users. According to an I-Cube report jointly released by the Internet and Mobile Association of India (IAMAI) and IMRB on Monday, the landmark was reached in September. If that be so, India now has the third biggest population of internet users.

Yet, in internet use India is way behind its own multitude of mobile subscribers. At 100 million, the internet population is just 11 per cent of its telecom subscribers numbering nearly 900 million. Among telecom companies, Airtel, Vodafone, Reliance Communications and Idea each already have 100 million or more phone sub*scri*bers.

Though a mi*lestone, India’s internet population is just a fifth of China’s 500 million. China has been rapidly adding to this population — in December it had 457 million. Yet, India’s is no mean achievement; only a handful of countries can boast of such numbers. The size has got e-commerce players excited.

Google India’s MD and vice-president of sales and operations, Rajan Anandan, told Financial Chronicle: “Hundred million internet users represent a tremendous market opportunity for companies like us. This will also create a great internet eco-system in India.”

Assocham recently estimated that the size of Indian e-commerce market is expected to touch Rs 47,000 crore (US $ 10 billion) by 2011.

Sachin Bansal, Flipkart CEO and co-founder, said the 100-million strong internet population validated his belief in India’s e-commerce potential. It would become one of the largest e-commerce-led economies in the world. “We will continue to aggressively invest in this space and contribute in every way we can,” said Bansal, who quit a cushy job at Amazon.com India to start India’s largest online shopping arcade.

The I-Cube report projects the number to rise to 121 million by December. Of them 97 million will be active internet users who access the web at least once a month. And nearly 92 million of them would be in urban India. Not bad, considering that the technologically far more advanced Japan has an internet population of 99 million.

K Vaitheeswaran, foun*der and CEO of Indiaplaza, said that though e-commerce in India had been in existence for some time, it was now that the full potential was being understood. “Over the past year or two real growth started to happen here. In the next few years the internet user base will zoom to between 350 million and 400 million. That makes it quite a large and attractive market for everybody, as there is a piece for everybody to nibble at,” he said.

As per latest Trai data, 12.6 million of India’s net users (as of August 31) connect to the web through broadband (at speeds greater than 256 kbps). Subho Ray, president of IAMAI, said in a statement.

“As before, common access points such as cyber cafes continue to play an important role but their role has suffered a big shrinkage. At 37 per cent access from home “is still not dominant”, said Ray. According to the World Bank’s development indicator, only 5.3 per cent of Indians had internet access in 2009, up from 0.5 per cent in 2000.

Net users cross 100m, to boost e-commerce | mydigitalfc.com

 

[IndoCarib]

India to Overtake US in Internet Use | Asia | English

The number of Internet users in India will overtake that in the United States in less than two years. This, according to a survey released Tuesday by the Internet and Mobile Association of India.

The group says India's Internet population was 112 million in September - making it the third largest market in the world after China and the U.S.

The Internet and Mobile Association of India says Internet use is particularly growing among the South Asian country's less affluent population and those who live in rural areas.

The survey says Indians in urban areas mostly access the Internet for email, social networking and education-related content. Those living in rural areas used the web to email, get general information, and access music, videos and images.

 

[Nomenclature]

Sachin Bansal, Flipkart CEO and co-founder, said the 100-million strong internet population validated his belief in India’s e-commerce potential. It would become one of the largest e-commerce-led economies in the world. “We will continue to aggressively invest in this space and contribute in every way we can,” said Bansal, who quit a cushy job at Amazon.com India to start India’s largest online shopping arcade.



K Vaitheeswaran, foun*der and CEO of Indiaplaza, said that though e-commerce in India had been in existence for some time, it was now that the full potential was being understood. “Over the past year or two real growth started to happen here. In the next few years the internet user base will zoom to between 350 million and 400 million. That makes it quite a large and attractive market for everybody, as there is a piece for everybody to nibble at,” he said.

So there's an Amazon clone and an eBay clone in India. I thought great Indians are far above cloning American websites.

 

[nForce]

So there's an Amazon clone and an eBay clone in India. I thought great Indians are far above cloning American websites.

I never knew that the idea of selling things online has already been patented.

 

[Nomenclature]

I never knew that the idea of selling things online has already been patented.

That's why there's a word clone apart from patent infringement.

 

[ramu]

That's why there's a word clone apart from patent infringement.

Selling books online is not an idea that is patented by amazon and neither selling books in an online book store should be considered cloning as long as the website is not a clear ripoff.

 

[joekrish]

I hope we catch up with them in turns of internet speeds also..

 

[Nomenclature]

Selling books online is not an idea that is patented by amazon and neither selling books in an online book store should be considered cloning as long as the website is not a clear ripoff.

That's what I thought. I'm glad Indian members are agreeing with me so I'll make a mental note on this. Previous threads here on Chinese vs Indian IT sectors always seem to end up with Indian members accusing Chinese companies of 'cloning' eBay, Amazon, Twitter, Google, Groupon or whatsoever. I hope next time there's some more constructive discussion.

 

[nForce]

That's what I thought. I'm glad Indian members are agreeing with me so I'll make a mental note on this. Previous threads here on Chinese vs Indian IT sectors always seem to end up with Indian members accusing Chinese companies of 'cloning' eBay, Amazon, Twitter, Google, Groupon or whatsoever. I hope next time there's some more constructive discussion.

So,by your logic,Honda makes cloned copies of Ford,just because both the companies manufacture cars,and Ford started it before Honda?
Cmon,are you here to prove how retarded you are?Are you an unique case or all in your country think the same?

 

[Nomenclature]

So,by your logic,Honda makes cloned copies of Ford,just because both the companies manufacture cars,and Ford started it before Honda?
Cmon,are you here to prove how retarded you are?Are you an unique case or all in your country think the same?

I begun to suspect a problem with reading comprehension on your part. However I do agree with you that accusing others of cloning just because they are not the first to make something is retarded. I hope you're not an unique case in your country and China-bashers from your country on this forum will soon see the light.

 

[Chinese-Dragon]

I begun to suspect a problem with reading comprehension on your part. However I do agree with you that accusing others of cloning just because they are not the first to make something is retarded. I hope you're not an unique case in your country and China-bashers from your country on this forum will soon see the light.

Forget it buddy. To the Indians, all Chinese websites are clones. They have different standards of logic when it comes to their own things though.