Home / Knowledge / News / Textiles / Internet user base in India to reach 500 mn by Jun: experts
Internet user base in India to reach 500 mn by Jun: experts
May '18
Internet user base in India to reach 500 mn by Jun: experts
The internet user base in India will reach 500 million by this June and by 2020, the country will have more than 700 million users of smart phones, the preferred device for online shopping by then, accounting for 70 per cent of total online shopping, experts said at the seventh edition of the India Internet Day conference in New Delhi last week.

The conference, organised by TiE Delhi-National Capital Region, a network of successful entrepreneurs and professionals, was attended by over 500, according to Indian media reports.

The Unified Payments Interface (UPI) clocked 178.05 million transactions worth ₹ 24,172.6 crore in March this year, said Dilip Asbe, managing director and CEO of the National payment Council of India (NPCI).

A recent report titled ‘Mobile Internet in India 2017’, published jointly by the Internet and Mobile Association of India (IAMAI) and KANTAR-IMRB, also said the number of mobile Internet users increased by 17.22 per cent from December 2016 to reach 456 million by December 2017 and is likely to reach 478 million by June this year.

There were 291 million urban mobile Internet users and 187 million rural users in the country as on December 2017, the report estimated.

It, however, predicted a slowdown in Internet penetration in urban India where 59 per cent penetration is already over. Growth is expected in rural areas which have witnessed just 18 per cent mobile Internet penetration. (DS)

Fibre2Fashion News Desk – India

Must ReadView All

Sales tax reduced for Pak textile, leather sectors

Textiles | On 20th Nov 2018

Sales tax reduced for Pak textile, leather sectors

Pakistan’s Federal Board of Revenue (FBR) recently issued procedure...

US may include RMG in revised duty free Nepali items list

Apparel/Garments | On 20th Nov 2018

US may include RMG in revised duty free Nepali items list

The United States is interested to revise the list of Nepali products ...

Courtesy: Microsoft

Information Technology | On 20th Nov 2018

Gap partners with Microsoft for digital transformation

Gap has established a strategic partnership with Microsoft to drive...

Interviews View All

Sunil Kumar Sharma, Loknayak JPNSSSG Ltd

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Top executives, Textile industry

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Mohammad Mamun Ar Rashid, UL VS Bangladesh Ltd

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Riddhi Jain,

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Manoj Sorathiya,

Manoj Sorathiya

Surat-based Sunrise Imports & Exports Co is a manufacturer and...

Harsh Shah,

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Matthew Kolmes, Supreme Corporation

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

Razvan Popescu, Directa Plus SpA

Razvan Popescu
Directa Plus SpA

Directa Plus is one of the largest producers and suppliers worldwide of...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Robert Brunner, Devereux

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

November 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search