INDIAN TELECOM INDUSTRY AT A GLANCE IN 2014 - 2015 India saw the fastest growth in new mobile-phone connections with 18 million net additions in the third quarter of 2014.The Indian telecom sector is expected to create four million direct and indirect jobs over the next 5 years on the back of the government's efforts to improve connectivity. The telecom sector has been growing aggressively at about 35 per cent a year for close to two decades.
The industry has attracted FDI worth US$ 16,994.68 million during the period April 2000 to January 2015, according to the data released by Department of Industrial Policy and Promotion (DIPP).With 164.81 million internet subscriptions, India stood third in terms of total internet users in 2013-2014.
The mobile value added services (MVAS) industry is forecasted to expand at a CAGR of 30.9 per cent to US$ 9.5 billion by 2015 from US$ 1.1 billion in 2007. To boost research and manufacturing of telecom products, the Indian government has proposed an investment of US$ 32.2 billion in three phases during the 12th Five Year Plan.
