650 mn Indians to have internet access by 2020, high-speed for 85%: BCG

Over 40% of mobile phone users in India would be using a smart phone, with 250 mn new users in this space being added every year

As many as 650 million Indians will have a digital footprint (internet access) by 2020, with more than 85 per cent having access to high-speed internet as per an estimate by the Boston Consulting Group (BCG).

A report ‘ Digital Lending - A USD one trillion opportunity over the next five years’ by BCG estimated that over 40 per cent of mobile phone users in India would be using a smart phone, with 250 million new users in this space being added every year.

“The ‘Jio’ phenomenon has had a remarkable, two-fold impact in enabling internet access for Indians on the small