Indian online market set to explode: Google study

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MUMBAI: With the Indian online market set to explode, telecom companies stand to generate an additional revenue of $8 billion and EBITDA of $2.9 billion over the next three years, a joint study by Google and AT Kearney has forecast.

India will witness a major mobile explosion with over 155 million mobile Internet users today, which will more than double to 480 million by 2017, the study, released here Thursday said.

During that period, the smartphone penetration will grow six t ..

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Indian online market set to explode: Google study - The Economic Times
 

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