The Indian Telecommunications Industry

  • India is currently the world’s second-largest telecommunications market and has registered exceptional growth in the past few years.
  • The Indian mobile economy is growing rapidly and will contribute approximately $400 billion to India’s gross domestic product (GDP), according to report prepared by GSMA in collaboration with BCG.
  • The total mobile services market revenue in India will reach $29.8 billion in 2014 and is expected to touch $37 billion in 2017, registering a compound annual growth rate (CAGR) of 5.2%.
  • The broadband services user-base in India is expected to grow to 250M connections by 2017.