
India is currently the world’s 2nd largest telecommunications market with a subscriber base of 1.17 billion and has registered strong growth in the past decade and half. The industry has witnessed exponential growth over the last few years primarily driven by affordable tariffs, wider availability, rollout of Mobile Number Portability (MNP), expanding 3G and 4G coverage, evolving consumption patterns of subscribers and a conducive regulatory environment.
The number of smartphone users in India was 144 million mark in 2022. It has declined by 10%. The total number of internet subscribers increased to 839.18 mn and 44.25% of the internet subscribers are from rural areas. The Indian mobile economy is growing rapidly and will contribute substantially to India’s Gross Domestic Product (GDP), according to a report prepared by GSM Association (GSMA) in collaboration with the Boston Consulting Group (BCG).
It is a 3rd largest sector in terms of FDI inflows as the sector increases by 150% to $20.72
bn from $8.32 bn
100% FDI is allowed in Telecom.
Internet Connections Growth (2014-2021)
Total employment
Active 5G Devices in India
No. of smart cities
Indian Mobile Industry contributed over $140 bn to India’s GDP in 2015
Digital India is expected to create $1 trillion business opportunity by 2020
The number of internet users in India is expected to reach 900 million by 2025