Internet in India

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The document summarizes internet usage growth and trends in India. It notes that internet penetration was initially low due to factors like low PC penetration and lack of infrastructure, but usage has grown exponentially with changes in scenarios. Some key points mentioned are that India has achieved a critical user base of 20 million for e-commerce, IRCTC ticket sales have grown over 100%, and online spending exceeded $377 million in Asia Pacific in 2005 with 71% growth. The number of internet and broadband users is also steadily increasing in India.

Business News & Politics

Internet in India http://financexchange.blogspot.com

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The world market has changed almost beyond recognition over the last twenty years. The recent trends in the world telecom market are: increase in private ownership, competition, data based mobile and global communication, trade and finance oriented operators, and rapid increase in subscribers from the developing nations. Several of these trends (such as increase in privatization, competition, mobile communication, digital divide) also exist in the Indian submarket. The submarkets of the world telecom market are mainly classified according to geographical location, and according to the technology used. India comes under the Asia Pacific geographical submarket. India had a traditional telecom market, which was dominated by public sector monopoly till 1990. Later, it was privatized by bits and pieces and now allows private sector participation in almost all the sectors of telecom in the nation. It has a rapidly increasing subscriber base. It allows investor friendly environment and has set up regulatory bodies to ensure justice to all players. In brief, the present Indian telecom sector is marked by choice, competition, subscriber growth, improvement in quality and service, and a shift from monopoly to oligopoly to true competition.

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