China outpaces India in internet access, smartphone ownership

[AndrewJin]

The problem is the curves do not look like anything from "the fastest growing major economy in the world". It is more like from an oversold market. And that is when every Chinese smartphone makers is pouring their low end models to Indian market. Just imagine if there were only Apply and Samsung.

Yes, those popular phones sold in india are extremely cheap, around 50-100 dollars, whilst in China the most popular ones are $300-600.

 

[india2050]

Yes, those popular phones sold in india are extremely cheap, around 50-100 dollars, whilst in China the most popular ones are $300-600.

Actually 150 -250 dollars is the most popular price range of phones launched by Chinese companies......they get sold out in 5 mins

 

[ohmrlobalobayeh]

India is building a payment and services network that doesn't require smartphones, along with fingerprint scan and iris scan tech. So you can pay or exchange money using your old Nokia 3310 instead of using a smartphone. All retailers will eventually have a fingerprint scanner or iris scanner. It's much more than Apple Pay or Samsung Pay because you don't need a smartphone.

http://economictimes.indiatimes.com...r-pay-infrastructure/articleshow/57515275.cms
IDFC launches Aadhaar Pay, becomes the first to launch biometric based payment system

The govt has banned cash transactions above 3Lakhs or $4500 from April 1st.
http://www.livemint.com/Politics/x6...-highvalue-cash-transactions-to-hit-spen.html

That's why India's mobile market is spoken about so extensively. Because it will be one of the biggest payment systems in the world.

In fact, the ultimate goal is to remove phones from the payments system. All you need is a finger or an eye.

Why do indians always like to talk about running even before learning how to crawl?

Talking about Iris n fingerprint scanner for payments before even before learning how to establish a smartphone e-payment network.

I see this typical phenomenon not just here, but also in their defence equipment rhetoric.(talking about making 5th and even 6th generation jets even before knowing how to make a previous generation plane)

 

[randomradio]

Why do indians always like to talk about running even before learning how to crawl?

Talking about Iris n fingerprint scanner for payments before even before learning how to establish a smartphone e-payment network.

I see this typical phenomenon not just here, but also in their defence equipment rhetoric.(talking about making 5th and even 6th generation jets even before knowing how to make a previous generation plane)

Read this and weep.
http://www.mauldineconomics.com/outsidethebox/raoul-pal-paying-attention

Here's how it starts:
But it is very rare indeed that a country develops an outsized technological infrastructure breakthrough that leaves the rest of the world far behind.

But exactly this has just happened in India... and no one noticed.

India has, without question, made the largest technological breakthrough of any nation in living memory.

So now, read the rest of the article. It will blow your mind away.

The 4th Industrial Revolution has already started in India.

 

[randomradio]

Why do indians always like to talk about running even before learning how to crawl?

Talking about Iris n fingerprint scanner for payments before even before learning how to establish a smartphone e-payment network.

I see this typical phenomenon not just here, but also in their defence equipment rhetoric.(talking about making 5th and even 6th generation jets even before knowing how to make a previous generation plane)

https://defence.pk/pdf/threads/indi...-nation-in-living-memory.488130/#post-9362202