Telecommunication

Telecommunications have been instrumental in driving India's socioeconomic development, notably bridging the rural-urban digital gap to some extent.

This progress owes much to the liberal policies of the Government, which have facilitated easy market access for telecom equipment and established a fair regulatory framework for providing affordable telecom services to Indian consumers. The result has been exponential growth in the sector, fostering the emergence of telecom equipment manufacturing and ancillary industries.

The advent of next-generation technologies, coupled with the rollout of 3G and Broadband Wireless Access Services, has spurred demand for telecom equipment. Recognizing this opportunity, government and policymakers are keen on nurturing domestic manufacturing capabilities. Over the years, the Indian equipment manufacturing sector has transitioned from reliance on imports to positioning itself as a potential global hub for telecom equipment production.

To bolster domestic manufacturing, the government is extending various incentives to the industry, particularly in the electronics sector. Projections from Market Research Store indicate robust growth for the Indian telecommunication services market, with an anticipated year-on-year expansion of 10.3%, culminating in a value of US$ 103.9 billion by 2021. This trajectory underscores the pivotal role of telecommunications in India's economic landscape and underscores the industry's potential for further advancement.