About Telecommunication Sector
Connecting Beyond Boundaries: Exploring Investment Prospects in India's Telecommunication Sector.
Embark on a digital journey of investment into India's thriving Telecommunication sector. Ranked third in attracting FDI equity inflow, this sector is a magnet for growth opportunities.
With a staggering subscriber base of 1.19 billion, India secures the second position globally for telephone connections. Notably, internet connections have surged by an impressive 232% since March 2014, while broadband connections have skyrocketed by 1238% since 2014. The advent of 5G technology further amplifies India's digital landscape, fostering enhanced connectivity.
Witness the power of progress with the Government's pioneering PLI Scheme for Telecom and Networking products, allocated USD 1.47 billion over 5 years. This visionary initiative fuels domestic manufacturing, fortifying India's position as a technological powerhouse. Seize the moment to invest in Telecommunication projects, shaping the nation's digital destiny.