INTRODUCTION
The Indian Internet sector is poised to grow faster than any other tech sector over the next decade. The number of internet users in India has risen from 50MM to over 350MM since 2007 (Morgan Stanley). Research analysts are confident that India will be the second-largest internet market in the world behind China. With a rapidly growing middle class and growth in mobile technologies, the amount of time to add 100MM more Indian internet users have shrunk to just under two years. An increasing amount of growth is sourced from rural areas where first-time internet users are leapfrogging the PC phase and entering mobile. Smartphone shipments have double year over year since 2013 (Morgan Stanley). for complete post see here
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