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Sector Overview

India's telecom sector is currently a focal point for the nation's economic and technological progress, driven by several key factors. The Department of Telecommunications (DoT) has been instrumental in shaping the sector's trajectory through visionary policies and initiatives. Notably, the Telecommunications Act 2023, the National Digital Communications Policy 2018, and the National Broadband Mission have set the stage for unprecedented growth.

By March 2024, broadband subscriptions surged to an impressive 928 Mn, showcasing the sector's remarkable expansion and contribution to digital connectivity. The Department of Telecommunications (DoT) is actively working towards bridging the digital divide, as evidenced by its commitment to providing high-speed internet access to all villages by 2024, as outlined in its booklet. Moreover, with projections indicating that India is on track to exceed nearly 1 Bn internet users by 2025, as reported by the Indian Business Support Unit, the significance of the telecom sector in driving digital inclusion cannot be overstated.

The government's proactive approach underscores its dedication to creating a conducive regulatory environment that encourages investment and fosters innovation in the sector. Furthermore, with the recent unveiling of the 6G roadmap, India is poised to harness the transformative power of sixth-generation wireless technology, which would solidify its position as a global leader in the digital domain. Thus, the strategic focus on the telecom sector is not only vital for India's socio-economic development but also essential for realizing its vision of becoming a trillion-dollar digital economy.

$450 Mn

Total investment committed by the approved 42 applicants under the PLI scheme for Telecom and Networking Equipment with expected incremental sales of $32 Bn

Why Invest in Telecom

  • Second-largest telecom market

    A population of over 1.4 Bn people and a rapidly increasing internet penetration rate, the demand for telecom services is bound to increase

  • Growth

    Sector's growth is closely linked with the country's thriving and expanding digital economy

  • Technological Advancements

    Substantial advancements, including the fastest rollout of 5G networks

  • Investor-friendly Policies

    Schemes like 100% FDI allowed under the automatic route, PLI for Telecom and Networking equipment, reduced license fees, and spectrum liberalization

Major Investors

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Incentives & Schemes

  • Guidelines for Production Linked Incentive (PLI) scheme for Promoting Telecom & Networking Products manufacturing in India
  • National Broadband Mission
  • PM-WANI
  • Telecom Technology Development Fund (TTDF)
  • Digital Communication Innovation Square (DCIS)

Policy Archive

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The Telecommunications Act, 2023

The document aims to provide structured terms and conditions for telecommunication services and any person intending to establish, operate, maintain or expand a telecommunication network; or possess radio equipment.

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National Digital Communications Policy, 2018

The scheme aims to create robust digital communications infrastructure.

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Public Procurement (Preference to Make in India), Order

The Government of India has released the Order to encourage ‘Make in India’ and to promote manufacturing and production of goods and services in India with a view to enhancing income and employment.