Telecom industry

Road Ahead



Revenue from the telecom equipment sector is expected to grow to US 26.38 billion by 2020. The number of internet subscribers in the country is expected to double by 2021 to 829 million and overall IP traffic is expected to grow fourfold at a CAGR of 30 percent by 2021. The Indian Government is planning to develop 100 smart city projects, and IoT will play a vital role in developing these cities. The National Digital Communications Policy 2018 envisaged attracting investment worth US 100 billion in the telecommunications sector by 2022. App downloads in India is expected to increase to 18.11 billion in F and 37.21 billion in 2022F

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Sources







IBEF reports September 2020 Telecommunications Industry- https://www.ibef.org/industry/telecommunications.aspx
( accessed on 10
th
October 2020)

Indian Telecom Industries- Telecom Sector, FDI and opportunities https://www.investindia.gov.in/sector/telecom
( accessed on 10
th
October 2020)

Statista- https://www.
statista
.com/statistics/711549/india-fdi-equity-inflow-amount-for- telecommunications-sector/( accessed on 10
th
October 2020)

Telecom Sector- Issues and Challenges- https://www.
drishtiias
.com/to-the-points/paper3/telecom- sector-issues-and-challenges( accessed on 10
th
October 2020)