India is currently the world’ s second-largest |
demand in the rapid growth in the Indian telecom sector. |
telecommunications market and has registered strong |
The government has enabled easy market access to |
growth in the past decade and half. The Indian mobile |
telecom equipment and a fair and proactive regulatory |
economy is growing rapidly and will contribute |
framework that has ensured availability of telecom services |
substantially to India’ s gross domestic product( GDP), |
to consumer at affordable prices. The deregulation of |
according to report prepared by GSM Association( GSMA) |
foreign direct investment( FDI) norms has made the sector |
in collaboration with the Boston Consulting Group( BCG). |
one of the fastest growing and a top five employment |
The liberal and reformist policies of the Government of |
opportunity generator in the country. |
India have been instrumental along with strong consumer |
India is the world ' s second-largest telecommunications |
per cent by 2017. The emergence of an affluent middle |
market, with over 1.0 billion subscribers as of May 2015. |
class is triggering demand for the mobile and internet |
The wireless segment( 97.36 per cent of total telephone |
segments. Availability of affordable smartphones, along |
subscriptions) dominates the market. It has also been |
with a rise in the security level of mobile transactions, is |
growing at a brisk pace. During FY07-15, wireless |
expected to boost growth of transactions conducted via |
subscriptions witnessed a CAGR of 24.78 per cent to 969.8 |
phones, with the overall transaction value being tripled in |
million.. It is also the second largest country in terms of |
2014 from last year. |
internet subscribers. India had 267.39 million internet |
Strong policy support from the government has been |
subscriptions as of December 2014. |
crucial to the sector’ s development. FDI cap in the telecom |
India’ s telecommunications market is expected to |
sector has been increased to 100 per cent from 74 per |
experience further growth, fuelled by increased non-voice |
cent. In January 2015, the Government of India |
revenues and higher penetration in rural market. Telecom |
recommended reduction in license fees of telecom by 6 per |
penetration in the nation ' s rural market is expected to |
cent for operators; telecom operators currently pay 8 per |
increase from 46.14 per cent as of December 2014 to 70 |
cent of adjusted gross revenue as licence fee. |