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India is the world's second-largest telecommunications market. As of December 2023, tele-density stood at 85.23%. In India, the total telephone subscriber base stood at 1,190.33 million in December 2023. As of December 2023, the wireless subscribers base stood at 1,158.49 million.
The India Telecom Market size is estimated at USD 48.61 billion in 2024, and is expected to reach USD 76.16 billion by 2029, growing at a CAGR of 9.40% during the forecast period (2024-2029).
- The India Telecom Market size is expected to reach USD 44.43 billion in 2023 and grow at a CAGR of 9.40% to reach USD 69.62 billion by 2028. Read More
- In 2023, the India Telecom Market size is expected to reach USD 44.43 billion. Read More
- Reliance Jio Infocomm, Bharti Airtel, Vodafone Idea Limited, Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Ltd. (MTNL) are the...
The Department of Telecommunications was allocated INR 84,587 crores (USD 11.11 billion) in the Union Budget 2022-23, of which INR 30,436 crores (USD 3.99 billion) was revenue expenditure (36% of total expenditure) and INR 54,150 crore (USD 7.11 billion) was capital expenditure (64.01% of total expenditure).
In the financial year 2022, Reliance Jio achieved a revenue of more than one trillion rupees, making it the largest company in India’s telecom industry. 5G network Since October 2022, India...
Dec 19, 2023 · The telecommunication market across India was the second largest in the world. The subscriber base was over 1.1 billion at the end of 2022. Strong consumer demand and favorable policies from...
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