Foreign Investments The industry has witnessed exponential growth over the last few years primarily driven by affordable tariffs, wider availability, roll out of Mobile Number Portability (MNP), expanding G and G coverage, evolving consumption patterns of subscribers and a conducive regulatory environment. India has witnessed a 165% growth in app downloads in the past two years. 100% FDI in telecommunications sector is allowed in the Telecom, wherein upto 49% is allowed through the automatic route and beyond 49% FDI in telecom sector under government route. FDI inflows in telecommunications from 2000-2020 is reported to be $ 37.2 billion. Amount of foreign direct investment inflows in India's telecommunications sector from financial year 2012 to st half of 2020 (Source Statista 2020) 2 0.3 1.3 2.9 1.3 5.6 6.2 2.7 4.3 0 1 2 3 4 5 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY Amount in ($ bn) Financial Year Amount of FDI Inflows in India
