India Deciphered: Where the Internet is Mobile, Money Rules and Startups Replace IT as the Great White Hope

Short content

The most troubling concerns are about the future of India, or its young people: young men in their twenties spend their time preparing for exams that qualify them for government jobs, as they pay well. ITES or IT services have kept entry-level salaries in the private sector low, further explaining the attractiveness for government jobs.

A report from Blume Ventures offers insight into what’s pulling India back and what it’s moving forward: It’s a country where Reliance Jio enabled massive internet penetration, which translated into almost everything on mobile, with nearly zero growth in home internet usage. It is also a country where a small group of consumers perpetuate the Indian consumption story. And for all the Amazons and the Meeshos, a little over a tenth of

  • SAVE


  • Exclusive Economic Times stories, editorials and expert opinions in more than 20 sectors

  • Stock analysis. Marketing research. Industry trends on 4000+ shares

  • Clean experience with
    Minimal Ads

  • Reply and participate with ET Prime Community

  • Exclusive invitations for Virtual events with industry leaders

  • A trusted team of Journalists and analysts who can best filter signal from noise?

Leave a Comment