SEARCH

Yahoo keen on big slice of action in India

print   ·  

Sees India among top Internet markets in the world within 5 years

YEN FOR MORE : Mr Terry Semel (left), Chairman, CEO and Director, Yahoo, and Mr Jerry Yang, Co- Founder and Chief, at a press conference in the Capital on Thursday. - Ramesh Sharma
YEN FOR MORE : Mr Terry Semel (left), Chairman, CEO and Director, Yahoo, and Mr Jerry Yang, Co- Founder and Chief, at a press conference in the Capital on Thursday. - Ramesh Sharma

Our Bureau

New Delhi, May 4

Bullish on India, the Chairman of Internet giant Yahoo, Mr Terry Semel, on Thursday said he expected the country to be amongst the top 2-3 Internet markets in the next five years, and that his company had every intention of being a "major player" in the space.

"It is a superb time for us to provide more and better products and become a significant player in India. Some of the things that we have been doing here, for instance Mail, have given us a leadership position, helped us establish our brand and have a good share of consumers. There is no question that we have every intention of doing much more," Mr Semel, who is currently in Delhi, said at a media interaction here.

Stating that Yahoo's appetite in India had grown, Mr Semel said the Indian Internet market was on the "verge of exploding" and the company would continue to encourage people who can move things faster.

Mr Semel, along with Yahoo Co-founder and Chief, Mr Jerry Yang, came to India earlier this week, to explore growth opportunities and interact with companies and partners. "We have a strong technology group in Bangalore and we have every intention to significantly grow this Group," he said.

(This article was published in the Business Line print edition dated May 5, 2006)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.

O
P
E
N

close

Recent Article in Today's Paper

Boosting business E commerce players offer local manufacturers and traders pan-India reach.

E-commerce companies riding the Make-in-India wave

Provide platform to connect artisans, small traders and end-consumers »

Comments to: web.businessline@thehindu.co.in. Copyright © 2014, The Hindu Business Line.