Siddharth Mehta, Former Director of IL&FS is very enthusiastic about investing in the Indian market and not any other emerging and developed market. Because India is witnessing a surge in overall penetration due to strong growth in low-cost smartphones, significant drop in data prices, creation of an ecosystem of products and services driven by initiatives digital government and developments. The number of regal in India exceeds 758 million Internet devices with ~700 million smart phones. In fact, the average data consumption per user per month in India is the highest in the world at around 13.5 GB, and Indians spend nearly 6.5 hours online per day.
