Thursday, September 19, 2013

Mobile ad spends to grow 43% to Rs.430 crore by March 2014

Spending on mobile phone advertisements in India is estimated to grow 43% to Rs.430 crore by the end of March 2014, as the availability of inexpensive smartphones and tablets running Google Inc.’s Android system and a drop in price of high-speed data plans makes them more accesible to customers.
Advertising spending stood at Rs.300 crore in the year ended 31 March, according to a report released on Thursday by the Mobile Marketing Association (MMA), an industry body, and media website Exchange4media.com.
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