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Growth of Telecommunication Industry In India : A Major Player

International Journal of Management Prudence

Volume 5 Issue 1

Published: 2013
Author(s) Name: P.N. Mishra, Aditya Shrivastava | Author(s) Affiliation: P.N. Mishra is Director at RGC-Bhopal; Aditya is Research Scholar at Barkhatullah University, Bhopal
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Abstract

The Indian telecommunication industry is the worlds fastest growing industry with 851.70 million mobile phone subscribers as of June 2011. It is also the second largest telecommunication network in the world in terms of number of wireless connections after China. The industry is expected to reach a size of 344,921 crore by 2012 at a growth rate of over 26 per cent and generate employment opportunities for 2.8 million people directly and for 7 million people indirectly during the same period. In 2008-09 the over all telecom equipments revenue in India stand at Rs.136,833 crore during the fiscal year, as against Rs.115,382 crore in the last fiscal year. The total revenue of Indian telecom services company is likely to exceed Rs. 2,00,000 crore for financial year 2011-12.

Keywords: N.A.

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