TELECOM INDUSTRY
India is more connected than ever before. And the policy boost given to the country’s
telecom
industry aided by domestic private sector players have been key factors behind the industry’s
inexorable growth and facilitation of new users every hour.
With a population of over a billion people, India is a market which is primed to grow in the coming
years. The market penetration in Tier 2 and Tier 3 cities in the country and the need for cost
effective and accessible communication resources presents a challenge as well as an entry point for
new players.
The Opportunity
The market, although dominated by native players in terms of network connectivity, presents tremendous potential in terms of infrastructural and technological development. Furthermore, with India being the world’s 2nd largest smartphone market, the demand of new technology for rural and urban demographics is an opportunity which is ripe for device manufacturers, aided by various tax benefits.
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