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Dr BK Modi, promoter of the BK Modi Group, on Monday launched MiTab, a tablet with a seven-inch screen with 800x480 resolution.
He said the Indian market is jumping technological evolution and readying itself for the Internet revolution through mobile phones, unlike the West where it first emerged through the personal computers.
MiTab, whose name has been derived from mobile Internet-based tablet, has been priced at Rs 13,000 apiece against Samsung's Rs 20,000-plus, he said, adding the company expected to corner a 15 per cent share in this segment in the Indian market by 2015.
The Group's Singapore-based $1.6 billion company, S Mobility (formerly Spice Mobility), is currently focusing on the 65 per cent young population in the “i2i” region — between Indonesia in the East and Ivory Coast in Africa — wherein the mobile phone using Internet population is projected to increase in numbers from 81 million in 2010 to 450 million in 2015. In India alone, 360 million mobile phone users are expected to get Internet connection in this period, he said.
India has the largest population of under-14 years at 370 million, which is 1.5 times that of China, Dr Modi said, adding this new generation, which has never used a personal computer, is skipping it altogether to adopt their handset as a route to the Internet.
S Mobility, through its 1,200 outlets in India and abroad, has been selling 40 per cent of handsets which are Internet-enabled.
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