UKIBC Sector View

Technologies for Rural India

With agriculture as the primary livelihood, the rural population comprises 68% of India's population. In absolute numbers this is about 830 Million people who live in over 600,000 villages across the length and breadth of the country. This population is increasingly becoming the centre of attention of multiple industries as their spending capability is rising. However, they also live with a wide number of challenges - poor roads and connectivity, lack of electricity, water and sanitation issues are the norm. Today, rural India spends most of its income on food, but as a number of government development policies begin to enhance rural infrastructure, it is expected that discretionary spending capability will rise. However one looks at it, this rural population represents a massive opportunity that requires a variety of technologies to support them.

 

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Sector Opportunities
The media industry is extremely open to foreign direct investment, with almost 100% possible in most areas.

The government are privatising FM radio in 275 cities across India. And there could be incentives to expand coverage in Jammu and Kashmir in the north-east of the country.

The rules for foreign investment in news media and non-news media could be simplified by the Ministry of Information and Broadcasting. This should help digital cable firms and digital distribution platforms like Direct to Home attract more investment in 2012.