India is the world’s second-largest telecommunications market with a subscriber base of more than 1.2bn.
$3.15 Bn
Telecom equipment and accessories exported in 2023
#4
Largest sector in terms of attracting FDI, attracted inflows worth $39.99 Bn since April 2000
100
Smart cities
30.54%
Growth in average monthly data consumption per wireless data subscriber since 2014, from 61.66 MB in 2014 to 18.4 GB in 2024
165%
growth in app downloads in the past 2 years.
$450 Mn investment
Committed by 42 approved applicants under the PLI scheme for Telecom and Networking Equipment, with expected incremental sales of $32 Bn.
Second-largest telecom market
Driven by a population of 1.4 Bn and rapidly growing internet penetration.
Growth
Strongly linked to India’s expanding digital economy.
Technological advancements
Includes the world’s fastest rollout of 5G networks.
100%
FDI allowed under the automatic route, PLI scheme incentives, reduced license fees, and spectrum liberalization
OFC
Country-wide Optical Fibre Cable (OFC) coverage doubled from 700,000 km to 1.4m km, improving connection quality.
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India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments
BSNL is expected to launch 5G services in India by 2020.
Vodafone along with Idea is India’s second largest mobile operator.
Ericsson has been working in India's telecom space for 110 years.
Verizon, US-based mobile operator, runs IT operations in India.
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments
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