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Wednesday, 27 September, 2000, 20:09 GMT 21:09 UK
Internet experts gather in Delhi
Delegate at  India Internet World 2000
Delegates at Internet World 2000 in Delhi test new software
The internet has transformed the ground rules of the world economy, delegates at a major internet conference in Delhi have been told.

As a result even small countries can get huge benefits from the net, according to John Sculley of New York computer company, Sculley Brothers.

But he warned that most of the world is currently excluded from the internet revolution.

More than 170 internet service providers (ISPs) are attending the three-day India Internet World 2000 conference.

Advertising changes

Worldwide online advertising revenue is set to soar to $19bn by 2002, according to another delegate, Adam Boettiger.

Internet surfer
Internet use is booming in India

Mr Boettiger, president of I-advertising.com, said dot.com companies are now spending 60% of their advertising revenue online, a significant increase.

At present, it is estimated that about four million people use the internet in India.

That is expected to rise to 23 million by 2003, helped by market deregulation last year.

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See also:

23 Jul 00 | South Asia
India tackles cyber crime
16 Jun 00 | South Asia
India's richest ride on IT wave
30 May 00 | South Asia
Fast track for Indian internet
17 Mar 00 | South Asia
Cyber city gears up
08 Dec 99 | South Asia
Indian net providers in price war
09 Nov 98 | World
India opens up the Internet
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