Sometime around now, India is surpassing the UK in terms of GDP. It can depend on how you measure it, really, but it’s certainly a milestone. You can see how China looked forward to their winning that race a while ago - in this poster at the Propaganda Museum in Shanghai. Now it’s India’s turn. And perhaps it’ll be the smartphone which will provide a big push across the finishing line. From a slower start, Indians are going crazy for smartphones and phablets. And, as we've seen elsewhere, trade and education gets a big push, when people are more connected... |
Jai Rupani is watching this trend for the Dinesh Hinduja Family Office - and he says that 80 percent of Indians will have smartphones by 2020 - a doubling in number over just four years. Jai looks after the luxury property company Gokaldas Lifestyle too, which is another bellwether of increasing economic activity in India. He says smartphone technology is potentially a game changer for all Indians… |