IBEF: India Brand Equity Foundation
India Brand Equity Foundation DCXXVI June 19, 2017
In this issue
- What's NewIBEF
- Poll
- Conversations on Brand India
- Did You Know?
- Economy & Policy Snapshots
- They Said It
- Exclusive
- Focus: Industry
- Media: Interview
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India has already seen an unprecedented growth in the number of internet users in India and if the projections in a recently released report are to be believed, the dream run is expected to continue for the coming years as well. According to the Cisco Visual Networking Index (VNI) Complete Forecast, internet users in the country are expected to double to 829 million users by 2021 from 373 million users in 2016, driven by digital transformation. In other words, approximately 59 per cent of the Indian population will use the internet by 2021.

The report further said that there would be two billion networked devices in 2021 up from 1.4 billion in 2016 and overall IP traffic is expected to grow four-fold during the same period of five years at a compounded annual growth rate of 30 per cent. Video is expected to continue to dominate IP traffic and overall Internet traffic growth representing 76 per cent of all Internet traffic in 2021, up from 57 percent in 2016, the report noted. India will reach 84 billion Internet video minutes per month by 2021, which is 160,000 years of video per month, or about 32,000 video minutes every second, it explained.

The rapid pace at which India’s internet economy is growing opens up a variety of opportunities across the hardware, software, ancillary and other unrelated sectors that are moving towards e-commerce. 


Warm regards


Anu P Mathai, IES
Chief Executive Officer (CEO)
India Brand Equity Foundation (IBEF)
 
CONVERSATIONS ON INDIA
 
What's new@IBEF
India at Riva Schuh, Italy
IBEF showcased the strengths of Indian leather sector at Riva Schuh, Italy that was held from June 10-13, 2017 in Riva Del Garda, Italy. Expo Riva Schuh is one of the largest Footwear Expo in Riva Del Garda, Italy Europe.
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Poll
Poll India's digital economy will touch US$ 4 trillion by 2022?

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Past polls
 
Conversations on Brand India
"India's seafood exports registered strong growth during 2016-17 and touched an all-time high at 11,34,948 MT worth US$ 5.78 billion (Rs 37,870.90 crore)..."

Anu P Mathai, IES
Chief Executive Officer (CEO)
India Brand Equity Foundation (IBEF)
 

Indian seafood exports touch a new high!
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Did You Know?
India's mergers and acquisition deals totalled US$ 35.44 billion between January-May, 2017.
 
 
 
Economy & Policy Snapshots
20 Indian firms in top 100 companies in Asia300 ranking
New Delhi: The Nikkei Asian Review's second annual Asia Power Performers Rankings have included 20 Indian companies in the top 100, as they scored well on sales and profit growth, capital efficiency and financial soundness.
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  Internet users to double to 829 mn by 2021: Report
Mumbai: The digital transformation in India is expected to double the country's internet users to 829 million by 2021 from 373 million users in 2016.
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WPI inflation in May cools to 5-month low of 2.17%
New Delhi: India's Wholesale Price Index (WPI) declined to a five month low of 2.17 per cent in May 2017 as against 3.85 per cent in April 2017, resulting from a slower growth in the prices of cereals and pulses, and sharp fall in prices of vegetables.
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  7 mn jobs added between FY11 and FY15, says McKinsey report
New Delhi: The net addition to India's employment stood at 7 million from FY 2010-11 to FY 2014-15, with 33 million new jobs in the non-farm sector, according to a study by McKinsey Global Institute.
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Mobile data consumption rose 142% in last 3 yrs: Kant
New Delhi: India has witnessed a 142 per cent rise in mobile data consumption per subscriber between 2014-17, as per Mr Amitabh Kant, CEO, NITI Aayog.
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  Relaxation in return filing procedure for first two months of GST implementation
New Delhi: The Government of India has relaxed the tax return filing procedure by allowing Form GSTR-3B to be submitted before 20th of the succeeding month during the first two months of Goods and Services Tax (GST) implementation.
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They Said It
"In the last four years, India has been in our top five markets in terms of growth as it continues to grow on the back of strong GDP, growing middle-class, globalisation, digitisation and a strong growth in local businesses."
Steve King
Global CEO
Publicis Media
 
Exclusive   Focus: Industry
Innovation: EnviGreen Biotech
EnviGreen Biotech has a passion to preserve the environment and perseverance to achieve it. The compay has created a 100 per cent biodegradable product, an alternate for plastic bags. Read more about this innovation in this exclusive article from IBEF's India Now Business & Economy magazine.
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Education & Training
India holds an important place in the global education industry. The country has more than 1.4 million schools with over 227 million students enrolled and more than 36,000 higher education institutes. India has one of the largest higher education systems in the world.
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Media: Interview
Media: Interview   GST a game changer for manufacturing industry: Are you ready?
Rahul Garg, Founder & CEO, Moglix, shares his perspective on GST and the impact it aims to create in the Indian market in an exclusive article for IBEF.

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