The document discusses India's rapid economic growth over the past few decades, with GDP growth rates second only to China. It notes the growth of India's large middle class and increased domestic consumption. The document also references Moneycontrol's large online readership in India and increasing internet and mobile phone penetration, presenting opportunities for digital media companies.
3. Economy on an Overdrive A burgeoning Middle class Rapid Economic Growth Source: 1900-1990, Angus Madison- World Economy, 1990- 2006 – Finance Ministry A larger population with higher spending power 368 32% 2010 ( Proj) 220 22% 2000 65 8% 1980 Mn People % of Population Period 8% 2002- 2006 6% 1980 - 2002 3.50% 1950 - 1980 1% 1900-1950 % Avg annual GDP Growth Period
4. Source: ComScore, TG: All Internet Users, Total visits (‘’000s) Moneycontrol is Bigger than rest of it’s competition put together…. 3 times than No.2 Yahoo … . and we’re still growing
5. … .. Who also spend a lot of time reading through the articles Source: ComScore, TG: All Internet Users , Time Spent: Total Mins