The Indian
telecommunications industry is one of the fastest growing in the world.
Government policies and regulatory framework implemented by Telecom Regulatory
Authority of India (TRAI) have provided a conducive environment for service
providers. This has made the sector more competitive, while enhancing the
accessibility of telecommunication services at affordable tariffs to the
consumers.
Telecom
infrastructure in India is expected to increase at a compound annual growth
rate (CAGR) of 20 per cent during 2008-15 to reach 571,000 towers in
2015. Internet traffic in India is expected to reach to 2.5 Exabytes per
month in 2017 from 393 petabytes per month in 2012, as per a Cisco study. In
addition, the wireless connectivity in India is expected to grow at about 40
per cent traffic by 2017, up from 38 per cent in 2012. The
telecommunications industry attracted foreign direct investments (FDI) worth
US$ 12,866 million during April 2000 to June 2013, an increase of 7 per cent of
the total FDI inflows, according to data published by the Department of
Industrial Policy and Promotion (DIPP). Although all this seems beneficial for
this country, it is in turmoil. In the current scenario, Inflation has reached
a horrid point which hasn't affected this industry as much. People are still
investing their money in this industry, Maybe it's just that Indians like to
talk!!
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