India Charted: Exploring the Massive Internet Investment Opportunity in India - Part I

Chart #1: 5G Adoption in India

5G Adoption in India is moving very fast, helping drive the burgeoning digital and internet economies within the country. The 5G rollout in India has been driven by Mukesh Ambani’s Reliance Industries, the same company that helped make India one of the cheapest markets for mobile data in the world and is also one of the highest consumers of mobile data.

Source: Ericsson Mobility Report

Chart #2: India's Population in 2050

Below is a picture of the world’s projected population in 2050. India overtook China to become the world’s most populated country in 2023. India’s lead over the rest of the world will only continue to accelerate over the next 25 years.

Source: United Nations

Chart #3: India's Smartphone Users

India is on pace to have over 1 billion smartphone users by 2030, from roughly 700 million in 2023. That is approximately the population of the United States added over less than seven years! This should serve as a huge tailwind for the local digital and internet economies.

Source: Newzoo, EMQQ Global estimates

Chart #4: India's Economic Growth

India is on pace to become the world's third largest economy by 2027. In the process, it is expected to overtake both Japan and Germany. The former, Japan, still has twice the weighting of India in the MSCI World Index.

Source: IMF

About the Author

Mr. Bailey is the Director of Research for EMQQ Global. Previously, Akeem worked at Rondure Global Advisors, where he helped oversee research and due diligence on emerging market equities and at Arisaig Partners, a Singapore-based hedge fund focused exclusively on consumer and internet companies in emerging markets. Akeem began his career living and working in India as a strategy consultant for the Mahindra Group. Akeem holds a B.A. in International Relations from the University of Pennsylvania.

Disclaimer

Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.