• ITP&ES Division facilitated visit of a Chinese delegation led by Mr Wang Hao, Mayor of Chaoyang district of Beijing Municipality and arranged meetings with officials of Municipal Corporation of Gurgaon and FICCI on 21 June 2016. (Press Release)
  • ITP &ES Division facilitates meeting of CEO of the British Columbia Investment Management Corporation Mr Gordon Fyfe and Team with Hon'ble Transport Minister Shri Nitin Gadkari and CEO NITI Aayog Shri Amitabh Kant on 16 June 2016
  • ITP &ES Division facilitates meeting of CEO of the British Columbia Investment Management Corporation Mr Gordon Fyfe and Team with Hon'ble Minister of Finance, Shri Arun Jaitley and CEO NITI Aayog Shri Amitabh Kant on 16 June 2016
  • Inter-Ministerial Meeting on Pharmaceuticals and Healthcare Sector in Africa
  • Inter-Ministerial Meeting on Pharmaceuticals and Healthcare Sector in Africa
  • Inter-Ministerial Meeting on Pharmaceuticals and Healthcare Sector in Africa
  • Mr Han Zheng, Party Secretary of Shanghai met Chief Minister of Maharashtra Shri Devendra Fadnavis in Mumbai on 9 May
  • The 3rd meeting of prospective member countries of International Solar Alliance was organised by Ministry of New & Renewable Energy, facilitated by the ITP&ES Division on 6 April 2016, and was chaired by Shri Piyush Goyal, Hon'ble Minister for Power, Coal and New & Renewable Energy. The meeting was attended by more than 85 representatives from 73 countries.
  • BRICS India 2016
  • Smt. Harsimrat Kaur Badal, Minister of Food Processing & Industry briefing representatives of foreign Embassies on opportunities in food processing sector in India in a meeting facilitated by ITP&ES Division on 17 March 2016 at Panchsheel Bhawan, New Delhi.
  • AIIBs opening ceremony and the inaugural meetings of the Board of Governors and the Board of Directors.
  • AIIBs opening ceremony and the inaugural meetings of the Board of Governors and the Board of Directors.
  • AIIBs opening ceremony and the inaugural meetings of the Board of Governors and the Board of Directors.
  • Growing the innovative Bio-pharmaceutical industry and expanding health care access in India by USIBC and supported by DIPP and ITP Division
  • Growing the innovative Bio-pharmaceutical industry and expanding health care access in India by USIBC and supported by DIPP and ITP Division
  • ITP organises a stakeholders meeting to promote manufacturing of medical devices in India.
  • China Zhejiang-India Business Meeting
  • A delegation of SANY Group and Chinese Businessmen headed by Mr. Liang Wengen, called on the Prime Minister Shri Narendra Modi, today. The delegation expressed its interest to invest in various sectors in India. Mr Liang Wengen is the Chairman of SANY Group.
  • A delegation of SANY Group and Chinese Businessmen headed by Mr. Liang Wengen, called on the Prime Minister Shri Narendra Modi, today. The delegation expressed its interest to invest in various sectors in India. Mr Liang Wengen is the Chairman of SANY Group.
  • A delegation of SANY Group and Chinese Businessmen headed by Mr. Liang Wengen, called on the Prime Minister Shri Narendra Modi, today. The delegation expressed its interest to invest in various sectors in India. Mr Liang Wengen is the Chairman of SANY Group.
  • Smartphone company Xiaomi has launched its first made in India smartphone in Visakhapatnam yesterday (10 Aug). Xiaomi, with Foxconn setting yp its India manufacturing facility in Sricity Andhara Pradesh.
  • Indian CEOs call on the Prime Minister in Ufa, Russia (July 09, 2015). The Union Minister for Finance, Corporate Affairs and Information & Broadcasting, Shri Arun Jaitley is also seen.
  • Prime Minister addressing the CEOs and business leaders of Kazakhstan and India, during the round-table interaction, in Astana, Kazakhstan on July 07, 2015. The Prime Minister of the Republic of Kazakhstan, Mr. Karim Massimov is also seen.
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Business News

'India to overtake US in smartphones by 2016'

Bengaluru, Dec 23: India will overtake the US as the second largest market for smartphones in the world by 2016 as smart mobile devices become affordable, global research firm eMarketer said on December 22.

"India will exceed 200 million smartphone users, topping the US as the world's second largest smartphone market by 2016 due to increasing penetration of affordable smart mobile devices in the country," the US-based research firm said in a report.

By this year-end, China will have 519.7 million smartphone users, followed by the US at 165.3 million, India with 123.3 million, Japan with 50.8 million and Russia with 49 million.

Russia will, however, surpass Japan as the fourth largest smartphone user population in 2015 and the US will surpass 200 million smartphone users by 2017, accounting for 65 percent of its population.

"China will continue to lead the world rankings in 2016 with 624.7 million smartphone, followed by India (204.1 million), the US (198.5 million), Russia (65.1 million) and Japan (61.2 million)," the report said.

Globally, there will be 1.91 billion smartphone users in 2015 and increase by 12.6 percent the following year to touch 2.16 billion in 2016.

The number of active smartphone users globally touched the one billion-mark (1.31 billion) in 2013 for the first time, with China in the lead at 436.1 million, followed by the US (143.9 million), India (76 million), Japan (40.5 million) and Russia (35.8 million).

"Over a quarter of the global population will use smartphones in 2015 and by 2018 one-third of consumers worldwide (2.56 billion people) will do so," the report noted.

Indonesia will pass 100 million smartphone users in 2018 to become the world's fourth largest user country of smart mobile handsets.

"While smartphones are shifting the paradigm for consumer media usage in mature markets, cheaper handsets are creating opportunities in emerging markets where many users of smart devices had no access to the internet," the report added.

Source: Indo-Asian News Service

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