Telecom Industry in India

India's telecom sector is the second largest globally with regards to subscriber base.

Advantage India

Robust
Demand

* In India, the total subscriber base stood at 1170.38 million in December 2022.

* Tele-density of rural subscribers reached 57.69% in December 2022.

* From around 4,200 petabytes in 2018, India's overall wireless internet data usage has increased by almost 7x to 32,397 petabytes in 2021.

* Also, India is one of the biggest consumer of data worldwide. As per TRAI, average wireless data usage per wireless data subscriber was 16.40 GB per month in June 2022 from 61.66 MB in March 2014.

Attractive
Opportunities

* Prime Minister Mr. Narendra Modi launched 5G services on October 1, 2022.

* India's 5G subscriptions to have 350 million by 2026. accounting for 27% of all mobile subscriptions.

* For domestic consumption and export, Ericsson will start manufacturing 5G radio products in India.

* By 2025, India will need ~22 million skilled workers in 5G-centric technologies such as Internet of Things (IoT), Artificial Intelligence (AI), robotics and cloud computing.

Policy
support

* The Union Cabinet approved Rs. 12,195 crore (US$ 1.65 billion) production-linked incentive (PLI) scheme for telecom & networking products under the Department of Telecom. On December 2022, 42 companies have committed an investment US$ 502.95 million (Rs. 4,115 crore) comprising 28 MSMEs and 14 Non-MSMEs (eight domestic and seven global companies) have been approved under the PLI Scheme. To drive the development of 6G technology, the Department of Telecommunications (DoT) has developed a sixth-generation (6G) innovation group.

Increasing
Investments

* In Union Budget 2023-24 the Department of Telecommunications was allocated Rs. 97,579.05 crore (US$ 11.92 billion). Of this, US$ 48.88 million (Rs. 400 crore) is for Research and Development, US$ 611.1 million (Rs. 5,000 crore) is for Bharatnet.

* FDI inflow in the telecom sector stood at US$ 39.02 billion between April 2000-December 2022.

Last updated: May, 2023

Posters

MORE
CONNECTING THE DOTS

CONNECTING THE DOTS

India is the second largest telecom market in the world.

IBEF Campaigns

MORE
Gulfood Dubai 2023

Gulfood Dubai 2023

APEDA India Pavilion Gulfood February 20th-26th, 2022 | World Trade Centre,...

India Organic Biofach 2022

India Organic Biofach 2022

Ibef Organic Indian Pavilion BIOFACH2022 July 26th-29th, 2022 | Nuremberg, ...

Case Studies

MORE

Sustainable Circular Economy in India

Sustainable Circular Economy in India

A circular economy involves a comprehensive strategy for economic growth that is intended to benefit industry, society, and the environment. It seeks ...

Future of Data Science and AI in India

Future of Data Science and AI in India

Artificial Intelligence (AI) is the potential of machines to impersonate the capabilities of the human mind. These machines are enabling high-level co...

Service Sector Contribution to India's GDP

Service Sector Contribution to India's GDP

India's booming service industry is a remarkable illustration of how modern economic growth models can outperform traditionally established ones. ...

IBEF BLOG

MORE
Foreign Trade Policy: A future-ready initiative
1 Jun 2023

Foreign Trade Policy: A future-ready initiative

Union Minister of Commerce and Industry, Consumer Affairs, Food and Public ...

The Electric Two-Wheelers Vehicle Industry in India
1 Jun 2023

The Electric Two-Wheelers Vehicle Industry in India

The Electric Vehicle (EV) market in India is quickly evolving into a comple...

The Sky’s the Limit: India's Growing Aviation Industry
23 May 2023

The Sky’s the Limit: India's Growing Aviation Industry

The Sky’s the Limit: India's Growing Aviation Industry India is t...

Partners
Loading...