‘Let that sink in’: Zerodha CEO Nikhil Kamath on India’s growing internet user base

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Key Points

Zerodha co-founder and CEO Nikhil Kamath has recently shared a post expressing his views on the growing internet user base in India..

In a tweet he notes how Indias market share in the global mobile internet traffic has increased over a period of 10 years..

The share was 2% in 2012 and has now increased to 21% in 2022..

India has gone from a meagre 2% market share (2012) in global mobile internet traffic to 21% (2022) in just 10 years..

As per the latest subscriber data collated by the Telecom Regulatory Authority of India (TRAI), both Reliance Jio and Bharti Airtel gained 1.7 million and 1.52 million subscribers respectively in December 2022..

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