Synopsis
The Indian telecom industry is on a remarkable growth trajectory, with significant potential for expansion. Led by the Cellular Operators Association of India (COAI), the sector is progressing rapidly in various domains, including 5G rollout and increased domestic manufacturing.Key Takeaways
- India's telecom industry is experiencing substantial growth.
- 5G rollout is rapidly advancing with AI support.
- Government incentives are boosting sector investment.
- Domestic manufacturing is prioritized to reduce imports.
- BSNL reports a profit for the first time since 2007.
New Delhi, March 3 (NationPress) The Indian telecom sector is witnessing significant growth both on a national and international scale, with substantial opportunities for further development, as highlighted by the Cellular Operators Association of India (COAI).
Lt Gen Dr SP Kochhar, Director General of COAI, noted that with around 1,187 million subscribers, urban tele-density has reached 131.01%, while rural areas remain at 58.31%.
“Despite this gap, there is still vast potential for growth in both sectors. The swift rollout of 5G is being accelerated by artificial intelligence (AI), local data sets, and the establishment of localized data centers,” stated Kochhar.
The Indian government has introduced financial incentives such as goods and services tax refunds and the elimination of bank guarantees.
Moreover, extensive research is ongoing to create affordable 5G handsets priced between Rs 6,000 and Rs 7,000.
“In addition, satellite technology is being utilized to enhance connectivity in remote areas where traditional networks are impractical,” Kochhar explained.
The government has also focused on boosting domestic telecom manufacturing to decrease reliance on imports and establish the country as a global hub.
According to COAI, initiatives like the production-linked incentive scheme have drawn considerable investments, promoting self-reliance and increasing export prospects.
India has become a frontrunner in data consumption, despite being one of the most competitively priced telecom markets worldwide.
The telecom industry has adopted a dual strategy to combat cyber fraud and spam. AI-powered alert systems have been launched to notify users about potential scams, successfully blocking numerous fraudulent calls.
With a flourishing domestic market and growing global stature, India’s telecom sector is set for unparalleled expansion, according to the COAI director general.
Recently, the state-owned telecom giant Bharat Sanchar Nigam Limited (BSNL) reported a profit of Rs 262 crore in the third quarter of this financial year, marking its first profitable period since 2007.
This achievement reflects the company's commitment to innovation, aggressive network growth, cost efficiency, and enhanced customer service.
The government's backing through strategic revival measures, including spectrum allocation and capital infusion, has been crucial in strengthening its operations.
