Paradox in motion
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FROM JULY TILL SEPTEMBER, the government threatened to ban BlackBerry messenger services in India because of security issues, but Research in Motion (RIM), the Canadian parent firm, was unfazed. Its shipments to India increased from 34,000 in the third quarter of 2009 to 220,000 in the same quarter of 2010, a jump of almost 550%, according to consulting firm Strategy Analytics.
Even before the government raised security concerns, RIM was planning to increase its market share and visibility in emerging markets such as India. “RIM is trying to change its positioning,” says Kedar Sohoni, president, Informate Mobile Intelligence, a telecom research agency.
August 2025
As India continues to be the world’s fastest-growing major economy, Fortune India presents its special issue on the nation’s Top 100 Billionaires. Curated in partnership with Waterfield Advisors, this year’s list reflects a slight decline in the number of dollar billionaires—from 185 to 182—even as the entry threshold for the Top 100 rose to ₹24,283 crore, up from ₹22,739 crore last year. From stalwarts like Mukesh Ambani, Gautam Adani, and the Mistry family, who continue to lead the list, to major gainers such as Sunil Mittal and Kumar Mangalam Birla, the issue goes beyond the numbers to explore the resilience, ambition, and strategic foresight that define India’s wealth creators. Read their compelling stories in the latest issue of Fortune India. On stands now.
It reckons that BlackBerry’s user base is no more limited to the suave executive. So it has started wooing the youth by slashing prices, added bright colours, and by introducing models such as 3G Curve and the touchscreen Torch.
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