South Asia refers to the Indian subcontinent, which stretches from the Himalayas to the Indian Ocean. India, the second-largest country in the world by population, is the dominant state here, with Pakistan in the west, Bangladesh in the east, Nepal and Bhutan in the Himalaya mountains and Sri Lanka to the south. Due to higher fertility rates, India’s population will soon surpass China’s.
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Scenarios for the expansion of India’s super apps
Several large global technology firms have pumped billions of dollars of investments into India’s digital economy sector this year. The development reflects a trend toward “super apps” being created in the country, helped along by favorable government policies. The question is whether the market will remain fiercely competitive, or devolve into domination by two or three large players.