More than 1 billion 5G subscriptions expected in India by 2031: Report

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New Delhi, November 20 (IANS): India is set to cross 1 billion 5G subscriptions by the end of 2031, a new report said on Thursday.

This would give the country a 79 per cent 5G subscription penetration, reflecting rapid growth in adoption just three years after the service began rolling out nationwide, according to the November 2025 edition of the Ericsson Mobility Report.

The report highlights that India is one of the fastest-growing 5G markets globally. By the end of 2025, the country is expected to reach 394 million 5G users, accounting for 32 per cent of all mobile subscriptions.

Ericsson India MD Nitin Bansal said that mobile data usage in India is the highest in the world, with average consumption at 36 GB per month per smartphone, projected to rise to 65 GB by 2031.

He added that affordable 5G FWA (Fixed Wireless Access) equipment and heavy data usage are driving this surge.

Globally, the report forecasts 6.4 billion 5G subscriptions by 2031, making up about two-thirds of all mobile subscriptions.

In 2025 alone, global 5G subscriptions are expected to reach 2.9 billion, rising by 600 million in a single year.

Network coverage is also expanding quickly, with 400 million more people gaining 5G access in 2025.

By the end of that year, half of the global population outside mainland China is expected to be covered.

Mobile network data traffic rose 20 per cent between Q3 2024 and Q3 2025, driven mainly by India and China.

By 2025, 5G networks will handle 43 per cent of all mobile data, a number expected to jump to 83 per cent by 2031.

Fixed Wireless Access continues to grow as a major 5G use case. The EMR estimates that 1.4 billion people will be connected through FWA by 2031, with 90 per cent of these users on 5G networks.Currently, 159 service providers already offer 5G-based FWA services, representing about 65 per cent of all FWA operators worldwide, the report said. More than 1 billion 5G subscriptions expected in India by 2031: Report | MorungExpress | morungexpress.com

Read More........ → November 21, 2025

Maruti Suzuki's Jimny 5-door export from India surpasses 1 lakh units milestone

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New Delhi, (IANS): In a landmark achievement, the Jimny 5-door SUV has surpassed a cumulative export of 1 lakh units from India, Maruti Suzuki India Limited said on Thursday.

Jimny 5-door export journey began in 2023, shortly after the SUV made its debut in India. The SUV, manufactured exclusively in India, has been shipped across more than 100 countries, including Japan, Mexico, and Australia.

"Jimny 5-door’s entry in Japan in January 2025, under the name 'Jimny Nomade', sparked off an overwhelming response with orders crossing the 50,000 mark within days of introduction. This reflects Jimny’s strong resonance in one of the world’s most evolved and quality-conscious automobile markets," the company said.

According to Maruti Suzuki, the Jimny 5-door is built for performance, combining a ladder-frame chassis with Suzuki’s proven ALLGRIP PRO (4WD), offering superior off-road dynamics and stability.

Powered by a 1.5-litre petrol engine, it embodies a balance of durability, simplicity and dependable performance, traits that appeal to both rugged terrain drivers and global customers attuned to quality and functionality.

“The Jimny has over half a century of heritage globally. Jimny 5-door crossing 1 lakh export mark is a proud achievement for Maruti Suzuki. We are deeply thankful to customers around the world for their trust in this acclaimed SUV," Maruti Suzuki India Limited Managing Director and CEO, Hisashi Takeuchi, said.

Jimny’s strong off-road DNA, reliable performance and uncompromising quality have earned admiration in over 100 countries, he added.

The Jimny, along with 16 other models exported by Maruti Suzuki, stands as a shining example of ‘Make in India for the World’.

The year-on-year rise in the company’s exports reflects the love and confidence of customers in our products and highlights India’s rise as a hub for world-class automobile manufacturing, Takeuchi said.

This achievement reinforces Maruti Suzuki’s robust and sustained export growth trajectory.

With over 2 lakh vehicles exported in H1 FY 2025-26, the company grew by around 40 per cent and recorded its highest-ever half-yearly export volume. In FY 2024-25, the Company had exported over 3.3 lakh vehicles.Maruti Suzuki commands over 46 per cent share in India’s passenger vehicle exports.Maruti Suzuki's Jimny 5-door export from India surpasses 1 lakh units milestone | MorungExpress | morungexpress.com

Read More........ → November 12, 2025

India’s luxury goods market to see 10 pc growth at $12.1 billion by 2025: Report

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New Delhi, (IANS): India’s luxury goods market is projected to see 10 per cent growth to reach $12.1 billion by 2025, emerging as a significant player in the global luxury market, a new report has said.

The luxury retail landscape is being reimagined, with brands moving beyond transactional spaces to offer curated lifestyle experiences, according to data analytics company Euromonitor International.

South Africa (15 per cent), India (10 per cent), and the United Arab Emirates (9 per cent) are among the leading countries in luxury goods market growth.

India is expected to achieve a Compound Annual Growth Rate (CAGR) of 74 per cent over the forecast period, highlighting its growing importance in the luxury ecosystem. A key factor contributing to India's growth is the increasing number of wealthy individuals, said the report.

Premium and luxury cars led value sales, fuelled by urbanisation, affluent consumers, attractive financing, and new electric models. Experiential luxury — especially hotels, travel, fine dining, and exclusive events — was the fastest-growing segment, as younger buyers increasingly sought unique experiences over products, spurred by a surge in tourism and personalised offerings.

In 2025, physical luxury stores accounted for 81 per cent of personal luxury goods sales, reflecting the sector’s resilience and the continued importance of in-person engagement.

The global luxury market – valued at $1.5 trillion in 2025 — remains resilient, despite continued macroeconomic and geopolitical disruptions.

"Amid market uncertainty, the industry is undergoing a profound transformation, shifting from product-centric models to experience-driven engagement. Wellness, lifestyle and emotional resonance are emerging as new markers of status, reshaping how brands connect with consumers,” said Fflur Roberts, global insight manager for luxury goods at Euromonitor International.

Premium and luxury cars led value sales, fuelled by urbanisation, affluent consumers, attractive financing, and new electric models. Experiential luxury—especially hotels, travel, fine dining, and exclusive events—was the fastest-growing segment, as younger buyers increasingly sought unique experiences over products, spurred by a surge in tourism and personalised offerings.

Physical luxury stores are becoming expressions of identity through exclusivity and hospitality. These environments mirror high-end hospitality, with concierge-level service and engaging storytelling.

While e-commerce surges, luxury brands are reimagining stores as cultural destinations that inspire, connect and reward loyalty through interactive experiences.

Luxury spending has shifted from personal goods towards experience-led categories, reflecting deeper changes in consumer values.Experimental luxury showed resilience, with luxury travel and hospitality markets growing 8 per cent in 2025 to reach $103 billion, said the report. India’s luxury goods market to see 10 pc growth at $12.1 billion by 2025: Report | MorungExpress | morungexpress.com

Read More........ → October 30, 2025