Learn about the Electronic equipment, telecommunications equipment

Currently, India is the 2nd largest telecommunications market with over 1.05 billion subscribers. The consumer demand grows rapidly indicating the impossible nature of life without such a technology. The Indian government has implemented liberal and reformist policies. It has enabled easy market access to telecom equipment along with a fair and proactive regulatory framework. This has brought the telecom services to the consumer at affordable prices. There is also deregulation of foreign direct investment (FDI) norms which has attracted several investments in the sector.

There are a wide number of domestic and foreign players investing in the manufacturing of telecommunications equipment manufacturing, distributing, exporting, selling in the country.

The Indian telecom sector is expected to generate about 4 million direct and indirect jobs over the next 5 years. The mobile services market revenue is expected to reach $ 37 billion in 2017. The highly in-demand smartphones will account for 3/4th of the market by 2020, India the 4th largest smartphone market. Also, broadband connections are to increase to 250 million by 2020.

The FDI generated in the telecom market is about $ 17,058.03 million. The government has taken some concrete steps towards connecting about 2,500 towns and cities with high speed Wi-Fi.

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Electronic equipment. Telecommunications equipment

India

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