India is like a continent in terms of growth opportunity: GSMA DG

India is not only a country but also represents a continent in terms of market diversity and growth opportunity, the top official of global telecom industry body GSM Association said here.

GSMA Director General Mats Granryd said that among emerging markets, there are advanced markets such as South Africa, Nigeria in North Africa and growing markets like Rwanda, but the Indian market represents a continent itself.

“India is more like a continent. It’s not a country. It’s like a continent. Little bit similar (to emerging economies in Africa and South America) but smaller in scale in India, you have advanced markets in Delhi, Mumbai Hyderabad and Bengaluru then you have other parts like Bihar where you would have a lot of developing markets,” Granryd told PTI in an interview ahead of the Mobile World Congress 2019 here.

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