With over 600mn internet subscribers as of June 2019, India is the world’s second largest internet market.

$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.

Telecom Regulatory Authority of India

91-11-2323 6308

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TRAI's mission is to create and nurture conditions for growth of telecommunications in the country in a manner and at a pace which will enable India to play a leading role in emerging global information society.

Telecom Disputes Settlement and Appellate Tribunal

011-26876882

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The Tribunal exercises jurisdiction over Telecom, Broadcasting, IT and Airport tariff matters under the TRAI Act.

Bharat Sanchar Nigam Limited

1800-345-1500'

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BSNL is the only service provider, making focused efforts & planned initiatives to bridge the rural-urban digital divide in ICT sector.

Mahanagar Telephone Nigam Limited

011 - 24310212/24320051

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MTNL is the principal provider of fixed-line telecommunication service in the two metropolitan cities of Delhi and Mumbai.

Investment Opportunities

  • National Telecom Policy 2018 (now named National Digital Communications Policy – 2018) to draw investments worth US$100b by 2022.
  • Government intends to set up over 1m internet-enabled service centres.
  • FDI cap in the telecom sector has been increased to 100% from 74%.
  • Digital India to connect sectors such as healthcare, retail through internet.

Key Investors

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments

ENABLING ENVIRONMENT

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments

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