Telecommunications
As of June 2018, India has the second largest telecom network in the world.

Indian Telecom Industry Analysis

Latest update: October, 2018

Growth

 

Last Updated: October, 2018

India is the world's second-largest telecommunications market, with over 1.17 billion subscribers as of June 2018. During FY07-18, wireless subscriptions witnessed a CAGR of 19.62 per cent to reach 1,183.41 million. Wireless subscriptions at the end of July 2018 stood at 1,157.04 million. India is also the second largest country in terms of internet subscribers with 512.26 million internet subscribers, as of June 2018. The country is now the world’s second largest smartphone market and will have almost one billion unique mobile subscribers by 2020. Revenues from the telecom equipment sector are expected to grow to US$ 26.38 billion by 2020. The Government of India’s National Digital Communications Policy, 2018, envisages attracting investments worth US$ 100 billion in the telecommunications sector by 2022.

India’s telecommunications market is expected to experience further growth, fuelled by increased non-voice revenues and higher penetration in rural market. Total telecom penetration in the nation's rural market reached 58.45 per cent in July 2018. The emergence of an affluent middle class is triggering demand for the mobile and internet segments.

Strong policy support from the government has been crucial to the sector’s development. Foreign Direct Investment (FDI) cap in the telecom sector has been increased to 100 per cent from 74 per cent.

Indian Telecommunications Industry Report (October, 2018)
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Indian Telecommunications Industry Report (September, 2018)
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Click to access the Telecommunications Industry Archived Report

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