Telecom demand
India’s demand for telecom equipment including mobile phones is estimated at US$30 billion by 2020, up from about US$20 billion in 2015-16, said Union Minister of Communications Manoj Sinha.
Inaugurating the 8th Telecom Export Promotion Council’s Buyer-Seller meet in New Delhi on October 3, 2016, he said Indian telecom sector has largest subscriber base with more than 1,060 million connectivity, 160 million Broadband connections and 350 million plus internet users.
The Indian Telecom Products and Services is set to become 1st choice of anyone’s telecom needs in the world, Sinha told representatives from 28 participating countries from South Asia, South-East Asia, Caribbean, Latin America and Africa.
“Our industry is eager to share ‘Know-how’ and ‘Know-why’,” he added.
In his address, Secretary Telecom J.S.Deepak said that Indian Telecom sector in the last one month has witnessed some major developments like the major launch of a Telecom Operator, big mergers and India’s largest ever Spectrum auction which is now on.
He said Indian companies have exported more than US$110 billion US dollars of ICT products mostly to advanced countries. fii-news.com
