BOOM.in !

Boy India is still a fascinating place to be!

India is one of the most significant place when it comes to Software, IT research, BIO, BPO etc and we've our GDP growth at 7%. That's the present and our future is termed as 'one of the fastest growing economies in the world'. I did some research as to figure out where India is heading with WWW (or rather online industry). Let me share some of my findings.

As per the 2005 emarketer study, around 27.7 million internet users exists in India and we spend around $ 36 million for online advertising. Another projection says that 27.7 million is going to be 67 million by 2010. Now lets do some math, this shows ~ 142% growth in 5 years!

Look at the % of population which is exposed to the web, 2.7% in 2005 and 5.8% in 2010. In five years the online users are getting doubled, and that's where I put my bet on!

eBay.in, makemytrip.com, travelguru.com, arzoo (out from its graveyard) ... all of them are set to try their luck, am sure it's not the .com burst.