Outlook 2017/ By Ajay Laddha, Co-Founder, YMS Mobitech Pvt Ltd

Demonetization being the defining move of 2016 for India -Its ­impact will be felt across business and service verticals. Following key trends are likely to emerge in 2017 in the tech distribution space:

- Higher acceptance for e-distribution - There will be increased acceptability for e-payments at small and big retailers alike, leading to an increased number of retailers going digital with higher acceptance for e-based offline distribution

- More Efficient Distribution - This will be a surge in D2R business in India where manufacturers will directly bill to the retailers as per their need, making the supply chain more efficient and at far lesser cost

- Grey Market will Crash - Demonetization will lead to increase in cash-less transactions and hit the grey market massively (which, in case of accessories, can be as high as 70%)

- Accessories under GST Net - GST implementation will lead to further adherence of taxation, leading to growth in tax-paid accessories

- High-end Accessories market will boom - Increase in Smartphone penetration will lead to a major boom for high-end mobile accessories. We might be at tipping point in 2017 with multiple international brands making a beeline for India