Tuesday, 21 October 2014

Mobile phone boom in India ?

India is one of the fastest growing mobile phone markets in the world. Mobile phone boom is indeed happening in all the developing economies. With increasing broadband connectivity in the country and and cheap net packs more and more people are using internet via their mobile phones. Government is also very much focused and with new government in regime the internet penetration is expected to get a new pace. Reliance industries led my Mukesh Ambani is making huge investment in this field which is going to help in the sale of mobile phones.

All services have become online from banking to books, mobiles to medicine, from retail to restaurants, etc.It has not only become a asset but also a need to the people and India being one of the pioneers in the developing world of this change. Youth of the country is becoming more and more  techno savvy. Mobile industry is showing all its shrewdness to cash in this ever increasing tech appetite of youngsters.

Companies are also pushing people to use technology to its fullest. We can take example that a bank will want that people check or transfer funds electronically rather coming to bank and increasing workload of the bank which will help them in cutting manpower and other expenses like bigger offices, more security when people can easily go and check this online or using mobile apps. Similarly other companies also find it helpful hence push people to go online.

Mobile apps makes this all very easy and everything is so much at there will and commands. Hence we can be very much sure that future of mobile phone in India will be consolidating only and will also help other industries to grow especially eCommerce segment. High sales and profits of eCommerce players is expected in the following years.

Gunjan Dubey
Manager at SafariCart



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