A BCG-TiE report titled 'The $250 Billion Digital Volcano: Dormant No More' says that financial and e-commerce services are likely to comprise $40-$50 billion, while the share of e-commerce products will be $45-$50 billion. Digital media and advertising are expected to be at $5-$8 billion.
India's mobile internet user base will grow from 391 million users to 650 million users by 2020. Data consumption will also witness a rise of 10-14 times, with every user projected to use 7-10 GB data per month by 2020, adds the report.
The average time spent on the internet will also increase by 3-4 times due to high-speed internet adoption by 2020, said media reports quoting the BCG-Tie analysis. (KD)
Fibre2Fashion News Desk – India
Textiles | On 23rd May 2022
US President Joe Biden along with a dozen initial partners—India,...
UK and Mexico have launched negotiations on a new UK-Mexico Free...
UAE federal export credit agency Etihad Credit Insurance (ECI)...
Textile Industry Head honchos
Instagram & fashion will go a long way together
Gaurav Davda Jindal Worldwide Ltd
Indian MMF sector to become globally competitive
Led by MMF, Indian apparel exports likely to double in next 3 years
Ankur Bhatia
Columbia Sportswear Company connects active people with their passions...
Aditya Agrawal
<div style="text-align: justify;"><font face="Calibri,...
Aylin Akyildiz
Established in 1997, Realteks has been providing denim fabric for the...
Pranesh Sridharan & Berndt Koll Lenzing
The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...
Thomas Ong P S NanoTextile
Malaysian company NanoTextile Sdn Bhd taps into the potentials of...
Sachin Pendharkar Dieffenbacher India Pvt Ltd
Germany-based Dieffenbacher Group is a producer of high-quality composites ...
Sunita Shanker Label Sunita Shanker
Inspired by the rich traditional crafts of India, Sunita Shanker’s work is ...
Shalini Sharma & Shweta Pundir Sharma Six Yard Story
Six Yard Story is a premium artisanal brand with a focus to bring handloom ...
Katie Gallagher Label - Katie Gallagher
An internationally recognised American fashion designer, Katie Gallagher’s ...
Press Release
Letter to Editor
RSS Feed
Search Companies
editorial@fibre2fashion.com
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.
By submitting you confirm you have read our Terms & Conditions and Privacy Policy.