Can India capitalize on its digital advantage?
The major obstacle is muddled government thinking and policymaking
Venture capitalist Mary Meeker has seen the Internet’s peaks and troughs, from the dot-com boom and bust of the 1990s to the smartphone revolution. Her annual Internet Trends report has been the bible of the business for two decades now. The latest iteration, released last week, could be one of the more interesting ones—juxtaposing the slowdown in Internet growth globally and the manner in which India is bucking the trend. That contrast has positive implications for connectivity and economic growth in India, of course. But there are also pitfalls along the way.