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India needs Rs 50-tln investments in infrastructure: CII
Bengaluru, Sep 11 (IANS) The infrastructure sector in India would require about Rs 50 trillion ($778 billion) by 2022 as a key growth driver for sustainable development across the country, said an industry official on Tuesday.
“The infrastructure sector, comprising core sectors like power, roads, highways and renewable energy, will require Rs 50-trillion investments over the next 4 years to have sustainable development in the country,” said Confederation of Indian Industry (CII)’s Karnataka unit Chairman N. Muthukumar at a day-long conference here.
Participating in the CII annual conference on infrastructure themed “Impact of Technology on Infrastructure Development & Changing Workplace”, Muthukumar said while core sectors would drive the investments in the years to come, with proper infrastructure, land use by industries could be reduced by 40 per cent.
“Infrastructure development influences the overall development of the economy. The private sector is emerging as a key player across various segments, from roads and communications to power and airports,” said Muthukumar, who is also President of Automotive Axles Ltd.
Noting that the infra sector is critical to propel growth, Volvo India Managing Director Kamal Bali said as good infrastructure and logistics are pre-requisites for a healthy economy, India has a long way to go.
“The cost of logistics in India is 14 per cent of the GDP as opposed to 8 per cent in the rest of the world, resulting in a wastage of $150 billion a year. With 62 per cent of logistic movement in the country by road, stress on surface infrastructure is huge, resulting in 75,000km per year per truck as against 450,000 km in China,” Bali said.
Though urabanisation is a sign of a developing economy, Sri City President Satish Kamat said, providing right infrastructure is critical, as mistakes in the sector could not be corrected easily.
“Infrastructure affects a nation’s social and economic fabric and when intertwined with technology, it becomes a force multiplier,” asserted Kamat.
He advocated the use of Internet of Things, Artificial Intelligence, machine learning and deep learning in infra development to ensure longevity and effectiveness.
Highlighting the issues facing the infra sector, Kamat said lack of long-term finance, skill upgradation and technology solutions are holding up its growth pace.
“We need the right infrastructure, developed at the right speed and using the right technology to ensure the country is future ready,” asserted Kamat.
CII’s state infrastructure taskforce convener Syed Mohammed Beary lamented that a city like Bengaluru lacks the right infrastructure though it is suited to be one of the world’s best.
“In India, we build infrastructure after a city grows, while good infrastructure builds great countries and futuristic cities,” Beary pointed out.
Karnataka Industry Minister K.J. George, who was to inaugurate the conference, and state Urban Development Secretary Mahendra Jain, who was to deliver the special address, were conspicuous by their absence.
“There was no official representation from the state government at the conference,” a CII office told IANS here.
–IANS
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International online casino Casino Days has published a report sharing their internal data on what types and brands of devices are used to play on the platform by users from the South Asian region.
Such aggregate data analyses allow the operator to optimise their website for the brands and models of devices people are actually using.
The insights gained through the research also help Casino Days tailor their services based on the better understanding of their clients and their needs.
Desktops and Tablets Lose the Battle vs Mobile
The primary data samples analysed by Casino Days reveal that mobile connections dominate the market in South Asia and are responsible for a whopping 96.6% of gaming sessions, while computers and tablets have negligible shares of 2.9% and 0.5% respectively.
The authors of the study point out that historically, playing online casino was exclusively done on computers, and attribute thе major shift to mobile that has unfolded over time to the wide spread of cheaper smartphones and mobile data plans in South Asia.
“Some of the reasons behind this massive difference in device type are affordability, technical advantages, as well as cheaper and more obtainable internet plans for mobiles than those for computers,” the researchers comment.
Xiaomi and Vivo Outperform Samsung, Apple Way Down in Rankings
Chinese brands Xiaomi and Vivo were used by 21.9% and 20.79% of Casino Days players from South Asia respectively, and together with the positioned in third place with a 18.1% share South Korean brand Samsung dominate the market among real money gamers in the region.
Cupertino, California-based Apple is way down in seventh with a user share of just 2.29%, overshadowed by Chinese brands Realme (11.43%), OPPO (11.23%), and OnePlus (4.07%).
Huawei is at the very bottom of the chart with a tiny share just below the single percent mark, trailing behind mobile devices by Motorola, Google, and Infinix.
The data on actual phone usage provided by Casino Days, even though limited to the gaming parts of the population of South Asia, paints a different picture from global statistics on smartphone shipments by vendors.
Apple and Samsung have been sharing the worldwide lead for over a decade, while current regional leader Xiaomi secured their third position globally just a couple of years ago.
Striking Android Dominance among South Asian Real Money Gaming Communities
The shifted market share patterns of the world’s top smartphone brands in South Asia observed by the Casino Days research paper reveal a striking dominance of Android devices at the expense of iOS-powered phones.
On the global level, Android enjoys a comfortable lead with a sizable 68.79% share which grows to nearly 79% when we look at the whole continent of Asia. The data on South Asian real money gaming communities suggests that Android’s dominance grows even higher and is north of the 90% mark.
Among the major factors behind these figures, the authors of the study point to the relative affordability of and greater availability of Android devices in the region, especially when manufactured locally in countries like India and Vietnam.
“And, with influencers and tech reviews putting emphasis on Android devices, the choice of mobile phone brand and OS becomes easy; Android has a much wider range of products and caters to the Asian online casino market in ways that Apple can’t due to technical limitations,” the researchers add.
The far better integration achieved by Google Pay compared to its counterpart Apple Pay has also played a crucial role in shaping the existing smartphone market trends.
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