Telecom Industry in India: Market Size, Growth & Future

India plans to manufacture mobile phones worth US$ 126 billion by 2025-26.

Advantage India

Robust
Demand

* Tele-density of rural subscribers reached 59.43% as of June 2025.​

* Volume of total wireless data usage increased from 59,447 Petabyte during Q4 FY25 to 65,009 Petabyte during Q1 FY26 with quarterly rate of growth 9.36%.​

* Also, India is leading the world in mobile data usage at 32 GB per smartphone per month in 2024, as per the Ericsson Mobility Report June 2025.

Attractive
Opportunities

* India’s 5G subscriber base is projected to surge to 980 million by 2030 from 290 million in 2024, while average monthly mobile data use is expected to reach 62 GB per smartphone.

* India has emerged as the world’s third-largest mobile phone exporter with shipments worth Rs. 1,75,665 crore (US$ 20.5 billion) in CY24, driven by the Production-Linked Incentive (PLI) scheme and greater global value-chain integration.

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.

* To drive the development of 6G technology, the Department of Telecommunications (DoT) has developed a sixth-generation (6G) innovation group. ​

Increasing
Investments

* In the Union Budget FY26 the Department of Telecommunications and IT was allocated Rs. 81,005.24 crore (US$ 9.27 billion).

* India ranks third in "Annual investment in telecommunication services" and "Domestic market size” as of 2024.

Last updated: Oct, 2025

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