According to Rajesh Magow, the market is extremely optimistic on the internet penetration in the country. With increasing use of smartphones and tablets the internet user base is also increasing, he adds.
The internet base user is India is expected to grow further from the current 210 million users. Rajesh Magow, co-founder and CEO-India of MakeMytrip expects the internet base user to increase to nearly 240 million possibly by a quarter down the line.
According to Magow, the market is extremely optimistic on the internet penetration in the country. He believes mobile is playing major role in the internet penetration and with increasing use of smartphones and tablets the internet user base is also increasing.
In an interview to CNBC-TV18, Magow says the growth in domestic air traffic in first three months of the year has been subdued but is expected to come back going ahead.
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