Ahmedabad, 25 November, 2011

“About 40 per cent search queries on Google India comes from mobile phones today as against US (14), UK (6) and Russia (11),” said Rajan Anandan, Managing Director of Google India speaking at Indian Institute of Management, Ahmedabad’s Confluence 2011 summit.

“Mobile Internet fastest growing vertical,” he further said.

According to Anandan, about 67 per cent of e-commerce in India happens in mobile and consumer appliances. “The Web 1.0 and 2.0 is happening together in India. And the mobile phone space is leading the way with currently 50 million mobile Internet users in India. In fact, this year alone about $500 million worth mobile phones will be brought in India,” said Anandan adding that smartphones growth in India is currently at 56 per cent CAGR.

“In 2011, 21 million smartphones are being sold in India. This will grow to 32 million in 2012, 52 million in 2013, 72 million in 2014 and eventually 100 million smartphones by 2015. Also, the emerging opportunities for innovation in India are in areas like mobile, e-commerce and SaaS,” Anandan added.