Recently, I ve had to do a lot of study regarding India- its people its market. Nothing comprehensive, but i helped me understand a bit and understand more about how big and varied her markets were.
The market in prime focus of course was the mobile industry. Tremendous growth seen for many years now combined with dropping prices, lowering ARPU and yet increasing revenues.
Technology infrastructure not picking up-3G getting delayed. Even if it does set in, it doesnt mean its going to change the entire market, as its probably going to be out of the majority’s budgets for atleast the first few years. Despite all these, this industry continues to innovate, despite being bound. I hope to see some very innovative solutions coming out for this market. Interestingly, the major winners in this segment are still Indian companies.
It is certainly difficult to understand us Indians…
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