Sectors

In August 2009, the Indian Parliament passed the landmark Right to Education Act that made education in India free and compulsory for children between the ages of 6 and 14. There have been tremendous increases and advances in access to education as a result. For example, literacy rates in India have increased in recent years.

With the second-largest population in the world, India is home to over 1.3 billion people. At an average of two children born per female in 2018, the average life expectancy has seen a consistent increase since the 1920s and was around 69 years in 2017. Infant mortality has also been on a steady decline over the years and indicates a stronger emphsis on health from a government and personal perspective.

In 2019, there were 300 million online gamers in India. This number was estimated to go up to 440 million gamers by fiscal year 2022. Overall, India ranked the highest in terms of growth in online game downloads on app stores with a growth rate of 165 percent between 2016 to 2018. The Indian mobile market has grown significantly over the past couple of years. New insights regarding the impact of smartphones on various industries and customer segments are continuously being uncovered. In particular, the gaming industry is undergoing a massive evolution because of the mobile revolution. Investments from big players such as Alibaba, Tencent, Nazara and Youzu has led to a rapid growth of gaming in India.