INDIAN TELECOM INDUSTRY AT A GLANCE IN 2021 - 2022
India's telecommunication industry is the second largest market in the world according to the subscriber base. India has a subscriber base of 1.16 billion and has registered strong growth in the last decade in the telecommunication sector.
Gross revenue of the telecom sector stood at Rs. 64,801 crore (US$ 8.74 billion) in the first quarter of FY22. Share of 2G data usage stood at 0.48% in 2021.The contribution of 3G and 4G data usage to the total volume of wireless data usage was 1.78% and 97.74%, respectively.
Industry InvestmentsFDI inflow in the telecom sector stood at US$ 38.25 billion between April 2000-December 2021. In the Union Budget of 2022-23, the Department of Telecommunications was allocated Rs. 84,587 crore (US$ 11.11 billion) out of which Rs. 30,436 crore (US$ 3.99 billion) was revenue expenditure which was 36% of the total expenditure and Rs. 54,150 crore (US$ 7.11 billion) was capital expenditure which is 64.01% of total expenditure.
Industry ForecastRevenue from the telecom equipment sector is expected to grow to US$ 26.38 billion by 2020. The number of internet subscribers in the country is expected to double by 2021 to 829 million and overall IP traffic is expected to grow four-fold at a CAGR of 30% by next year.
