Telecom Industry in India

The telecom industry in India is the second largest in the world with a subscriber base of 1.17 billion as of September 2022 (wireless + wireline subscribers).

Advantage India

Robust
Demand

*In India, the total subscriber base stood at 1,170.75 million in January 2023.

*Tele-density of rural subscribers reached 57.83% in June 2023.

*Total volume of wireless data usage increased by more than 7 folds from 4206 petabytes in Q1, FY18 to 32397 petabytes in Q1, FY22.

*Also, India is one of the biggest consumer of data worldwide. As per TRAI, average wireless data usage per wireless data subscriber was 17.11 GB per month in December 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.

*The value of export of mobile phones in FY23 at US$ 10.84 billion (Rs. 90,000 crore). Moreover, during April-June 2023, electronic goods exports were estimated at US$ 6.89 billion.

*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.

*India ranks 2nd in "international mobile broadband internet traffic" and "international Internet bandwidth."

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) 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$ 39.27 billion between April 2000-June 2023.

*The PLI plan for Large Scale Electronics Manufacturing received about US$ 569.49 million (Rs. 4,700 crore) in investment as of September 2022.

Last updated: Nov, 2023

Posters

MORE
Telecom Companies in India

Telecom Companies in India

India is the third growing mobile application market in the world with over 9,000 application development companies.India is set to become one of the biggest player in the global app market by 2016.

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

Electric Vehicles Driving Sustainable Mobility In India

Electric Vehicles Driving Sustainable Mobility In India

Sustainable mobility (electric mobility) contributes to a significant role in the economic development of a nation and supports the improvement of the...

The emergence of India as a Global startup hub

The emergence of India as a Global startup hub

In recent years, India has rapidly emerged as a global powerhouse in the startup ecosystem. With a vibrant entrepreneurial spirit, a massive pool of s...

Impact of 5G Technology on Indian Industries

Impact of 5G Technology on Indian Industries

A surge of disruptive opportunities has been sparked throughout the world as a result of the quick and broad adoption of 5G technology. India, one of ...

IBEF BLOG

MORE
The transformation of the Transportation and Logistics Industry
22 Nov 2023

The transformation of the Transportation and Logistics Industry

Logistics Industry is crucial to both enterprises and the economy. In ...

Lithium-ion battery (LIB) manufacturing industry in India
22 Nov 2023

Lithium-ion battery (LIB) manufacturing industry in India

Energy storage technologies are predicted to play a major part in the decar...

Digital Advertising in India
10 Nov 2023

Digital Advertising in India

With its developing economy, India provides advertisers with several opport...

Partners
Loading...