The battle for the Internet heats up with Reliance Industries set to disrupt ecommerce. Internet companies are donimating the investment scene in fast growing internet services such as ecommerce, mobile payments and video-streaming.
As China’s economy continues to slow down, investors are increasingly looking to India as the next big tech market.
Its highly-skilled workforce and friendly business climate, alongside a vibrant start-up ecosystem, makes India an attractive investment destination.
Over the next five years, we expect India’s tech, media, telecom and automotive sectors to be the central drivers of the Indian economy.
GlobalData’s India Tech – Thematic Research report will identify tomorrow’s leaders in the theme based on their compatitive position. Within the Indian tech space, we believe that growth will primarily come from the following sectors over the next five years: IT services; consumer electronics; social media; ecommerce; and mobile payments.