Google’s Managin Director Rajan Anandan said, Indian internet users are more than the US, by the end of this year and around 500 million people will be online in India.
“Even at the current growth rate, we will have 500 million Indians on the Internet by 2018. By the end of this year, India will become larger than the US in terms of number of Internet users.
By 2018, India will have twice the number of Internet users as the US does. Almost half the country will be connected through the Internet,” he said while addressing “Digitizing India” organised by FICCI Ladies Organisation.
He mentioned that it took the country 10 years to go from 10 million Internet users to 100 million Internet users. Now the country is adding five million new Internet users every month. India now has over 200 million Internet users.
He mentioned that the path of purchase has changed in India and people are increasingly using online platform for retail purchase.
“Everything is getting accelerated with technology. Every new wave of technology has taken half as long as the previous technology. The next big thing will take half the time taken by smartphones,” he said.
Smartphones took eight years to reach a billion consumers.
He pointed out that consumers are now connected through numerous devices like television, notebooks, laptops, smartphones and wearable devices as well.
In 2014, 2.8 billion people in the world out of seven billion are connected through the Internet. By 2020, it is expected that five billion people will be using the Internet.