Explore India: market opportunities for technology companies - Jacob Risgaard Knudsen
Transcript of Explore India: market opportunities for technology companies - Jacob Risgaard Knudsen
Population: 1,21 billion
Population Growth Rate: 1,58%
Rural vs Urban: 72% vs 28%
Life Expectancy: 70 years
Sex Ratio: 914 females per 1,000 males
Digital Indians
More than 950 million mobile subscriptions
120 million Internet users
60+ million Indians on Facebook
Digital India - Market
Internet opportunities - 14
billion USD in 2015
Online marketing industry -
360 million USD in 2013
E-commerce sector - 125-260 billion USD in
2025
How - for tech companies
Advantages Disadvantages How
Own Setup - Complete ownership- Control
- More resources- Regulation
- Branch office, liaison, pvt ltd etc.
Partner - In-it-together - Lack of some control - Revenue share
Distribution - Easy (few resources)
- Lack of control- Potential brand
dilution - Regular exports
JV - Ownership- Control
- Lock-in - Joint Venture
Sales in India
• Hierarchy & Decision-making process
• Kick-backs
• Culture - yes/no, urgency
• Go straight to the top...
Finding partners• Visit
• Build relations
• Look upon networks
• Any personal recommendations?
• Show interest and willingness to invest
More
• http://india.wsj.com/home-page
• http://forbesindia.com
• risgaard.blogs.business.dk
• twitter.com/risgaardknudsen