The next few years will be definitive for the evolution of India’s digital infrastructure and the role it can play in the country’s growth.
There is significant unfinished business—India is ranked 91st among 139 countries on the Networked Readiness Index 2016, compiled by the World Economic Forum (WEF). Only 15 out of 100 households have access to the Internet, and mobile broadband remains for a privileged few, with only 5.5 subscriptions for every 100 people, according to the WEF.
However, India has skipped a generation in telecom technology—going from no connectivity to over 350 million mobile Internet users—in less than two decades.
The impending growth of digital assets will present India with many unique opportunities to leapfrog its traditional deficit in physical infrastructure.