Free Essay

Tele India

In: Computers and Technology

Submitted By RONAK1201
Words 2435
Pages 10
A
BRIEF REPORT
ON
TELECOM SECTOR IN INDIA
January 2015

For more information, contact: sateesh.kulkarni@asa.in

A brief report on Telecom Sector in India

1. INDUSTRY OVERVIEW
1.1

Introduction
The Indian telecommunications industry is one of the fastest growing in the world.
Government policies and regulatory framework implemented by Telecom Regulatory Authority of India (TRAI) have provided a conducive environment for service providers. This has made the sector more competitive, while enhancing the accessibility of telecommunication services at affordable tariffs to the consumers. In the last two decades, the Indian Telecom Sector and mobile telephony in particular has caught the imagination of India by revolutionizing the way we communicate, share information; and through its staggering growth helped millions stay connected. This growth, however, has and continues to be at the cost of the Climate, powered by an unsustainable and inefficient model of energy generation and usage. Simultaneously, this growth has also come at significant and growing loss to the state exchequer, raising fundamental questions on the future business and operation model of the Telecom sector.
Telecommunication services are globally recognised as one of the driving forces for overall economic development in a nation. They are also one of the prime support services needed for rapid growth and modernisation of various sectors of the economy. The Government of India recognises this fact and hence, has taken several major initiatives to provide a business friendly environment for companies in this sector.
Driven by 3G and 4G services, it is expected that there will be huge machine-to-machine
(M2M) growth in India in 2016-17, according to UST Global. There is also a lot of scope for growth of M2M services in the government's ambitious US$ 1.1 billion Smart City program
The rapid strides in the telecom sector have been facilitated by liberal policies of the
Government of India that provide easy market access for telecom equipment and a fair regulatory framework for offering telecom services at affordable prices. According to a study by
GSMA, it has been expected that smartphones will account for two out of every three mobile connections globally by 2020 and India is all set to become the fourth largest smartphone market. 1.2

Current Scenario
In Indian telecom sector the number of telephone subscribers in India increased from 957.61 million at the end of September, 2014 to 962.63 million at the end of October, 2014, thereby showing a monthly growth rate of 0.52%. The urban subscription increased from 569.56 million at the end of September, 2014 to 570.58 million at the end of October, 2014 and the rural subscription increased from 388.05 million to 392.05 million during the same period. The monthly growth rates of urban and rural subscription were 0.18% and 1.03% respectively.

Private & Confidential

Page 2 of 9

A brief report on Telecom Sector in India

The overall Tele-density in India increased from 76.75 at the end of September, 2014 to 77.07 at the end of October, 2014. The Urban Tele-density increased from 148.07 to 148.10 and
Rural Tele-density increased from 44.96 to 45.39 in the month of October 2014. The shares of urban subscribers and rural subscribers at the end of October, 2014 were 59.27% and 40.73% respectively. Total wireless subscriber base increased from 930.20 million at the end of
September, 2014 to 935.35 million at the end of October, 2014, thereby registering a monthly growth rate of 0.55%. Wireless subscription in urban areas increased from
547.70 million at the end of September,
2014 to 548.78 million at the end of
October, 2014. The wireless subscription in rural areas increased from 382.50 million to
386.57 million during the same period. The monthly growth rates of urban and rural wireless subscription were 0.20% and 1.06% respectively. Circle wise Overall Tele-density October
All India
Assam
Bihar
Madhya Pradesh
J&K
UP
Odisha
North East
Rajasthan
Andhra Pradesh
West Bengal
Haryana
Gujarat
Maharashtra
Karnataka
Kerala
Punjab
Himachal Pradesh
Tamil Nadu
Delhi

77.07
50.71
48.33
57.52
70.97
57.86
63.93
72.72
76.51
81.53
73.81
80.79
93.56
92.43
94.56
96.29
103.88
110.24
115.16
233.42

The Wireless Tele-density in India increased from 74.55 at the end of September, 2014 to 74.89 at the end of October, 2014. The
Urban Wireless Tele-density increased from
142.39 to 142.44 and Rural Wireless Tele-density increased from 44.32 to 44.76 in the month of
October, 2014. The shares of urban and rural wireless subscribers were 58.67% and 41.33% respectively at the end of October, 2014.
India saw the fastest growth in new mobile-phone connections with 18 million net additions in the third quarter of 2014, according to a report by Swedish mobile network equipment maker
Ericsson. The number of smart phones, which account for just 37 per cent of all mobile-phone subscriptions, will reach 2,700 million by 2014, and growing at 15 per cent compounded annual growth rate, will cross 6,100 by 2020. The falling cost of handsets, coupled with improved usability and increasing network coverage, are factors that are making mobile technology a popular phenomenon in the country. The broadband services user-base in India is expected to grow to 250 million connections by 2017, according to GSMA. It also expects to see increased mobile broadband penetration in India, with over 250 million on either 3G /4G by 2017.
Composition of telephone subscribers in India -The wireless segment (96.9 per cent of total telephone subscriptions) dominates the market, while the wireline segment accounts for the rest. Private & Confidential

Page 3 of 9

A brief report on Telecom Sector in India

Composition of telephone subscribers in India
2%

1%

Urban Wireless

40%
57%

Rural Wireless
Urban Wireline
Rural Wireline

Private & Confidential

Page 4 of 9

A brief report on Telecom Sector in India

2. GROWTH IN TELECOM
Growth Drivers - Key Investments
With daily increasing subscriber base, there have been a lot of investments and developments in the sector. Some of the major developments in the recent past are:











Bharti Infratel has planned to take over the telecom towers of Vodafone and Idea
Cellular in India at a valuation of US$ 785.82 million. The company is also scouting for telecom tower acquisition opportunities in Sri Lanka and Bangladesh.
Japanese telecom company SoftBank has planned to invest around US$ 10 billion in
India’s IT sector over the next few years.
Ericsson has won US$ 9.42 million three-year operations support systems (OSS) deal from Mukesh Ambani-headed Reliance Jio Infocomm, the only pan-India 4G licence holder in the country. Under the deal Ericsson will provide the telecom unit of Reliance
Industries its service fulfilment software solutions comprising nine suites.
Reliance Jio Infocomm Ltd has signed an agreement to share telecom towers of GTL
Infrastructure Ltd. This is the seventh tower-sharing agreement that Reliance Jio has forged with telecom tower owners in India. This is the seventh tower-sharing agreement that Reliance Jio Infocomm has forged with telecom tower owners in India.
ISUN is the latest Indian brand in mobile phones and tablet personal computers. The
Chennai-based Exotic Global Trades Pvt Ltd launched its telecom products under the
ISUN brand that will be bundled with various BSNL schemes.
Reliance Jio Infocomm has planned to raise US$ 1.5 billion from more than two dozen overseas banks to refinance the loans taken in the year 2010. A total of 26 banks participated in the deal, including 15 mandated lead arrangers and book runners
(MLABs). India is the world's second-largest telecommunications market, with 933 million subscribers by the end of FY14. It stood third-highest in terms of total internet users in 2013, with 164.81 million internet subscriptions.

The Indian telecom sector's revenue grew by 13.4 per cent to touch US$ 64.1 billion in FY12.
Wireless and wireline revenue increased at a compound annual growth rate (CAGR) of 10.4 per cent to reach US$ 39.1 billion over FY06-13. Revenues from the telecom equipment segment stood at US$ 23.5 billion in FY12 compared to US$ 23.4 billion in FY11. Increasing income has been a key determinant of demand growth in the telecommunication sector in India. The IMF forecasts income to expand at a CAGR of 5.7 per cent to US$ 1,869.3 during 2013-18. The
Government of India plans to cut license fees by up to 33 per cent for operators that cover services for more than 95 per cent of the residential areas in a calling circle. The Department of
Information Technology intends to set up over one million internet-enabled common service centres across India as per the National e-Governance Plan. The government has also revised the M&A guidelines for the telecom sector; it raised the limit on the market share of a merged
Private & Confidential

Page 5 of 9

A brief report on Telecom Sector in India

entity in a circle to 50 per cent from 35 per cent earlier. The mobile application (app) market is expected to expand at a CAGR of 70.4 per cent to US$ 100 billion during 2012-15. The segment's growth is expected to be driven by increasing mobile connections and availability of low-range smart phones.

Private & Confidential

Page 6 of 9

A brief report on Telecom Sector in India

3. MARKET PLAYERS
Key Players
As on 31st October, 2014, the private access service providers held 90.55% market share of the wireless subscribers whereas BSNL and MTNL, the two PSU access service providers, held only
9.45% market share. Wireline subscriber base declined from 27.41 million at the end of September,
2014 to 27.28 million at the end of October, 2014. Net reduction in the wireline subscriber base was
0.12 million at the monthly decline rate of 0.45%. The share of urban and rural subscribers in total wireline subscribers were 79.90% and 20.10% respectively at the end of October, 2014. The Overall
Wireline Tele-density decreased from 2.20 in September, 2014 to 2.18 in October, 2014, with Urban
Wireline Tele-density and Rural Wireline Tele-density being 5.66 and 0.64 respectively. BSNL and
MTNL, the two PSU access service providers, held 76.06% of the wireline market share.
Wireless market share in terms of total subscribers in India -Bharti Airtel is the market leader, with a
22.7 per cent share of total subscription, followed by Vodafone (18.4 per cent share).

Wireless market share in terms of total subscribers in India
4% 1% 2%

Bharti Airtel

7%

Vodafone

23%

8%

Idea
Reliance

10%
18%

BSNL
Aircel

12%
15%

Tata
Telewings
Sistema
Others

Private & Confidential

Page 7 of 9

A brief report on Telecom Sector in India

4. GOVERNMENT POLICY
4.1

Government Initiative
The government has fast-tracked reforms in the telecom sector and plans to clear the proposal allowing spectrum trading and sharing ahead of the year-end deadline as it wants to lift the business sentiment for the forthcoming airwave auction. Some of the other initiatives taken by the government are:
The department of telecommunications (DoT) has agreed to the defence ministry’s demands for a defence band and a so-called defence interest zone (DIZ). This move will free up 3G telecom spectrum for at least three new carriers. The Government of India has asked telecom firms to implement full mobile number portability by May 2015, a move that will enable subscribers to retain their numbers when they shift to other states or licensed service areas.
DoT has planned to frame a separate exit policy for the country’s telecom sector that will allow companies to leave the business without losing out on the value of the assets. The move is being seen as part of Government of India’s endeavour to make the country’s telecom sector investor-friendly and enhance the ease of doing business in India. The telecom department is examining a proposal from the National Manufacturing Competitiveness Council to float a US$
1 billion government-sponsored fund to seed 'Made in India' technologies to boost local gear manufacturing. The proposed telecom manufacturing fund will infuse equity in start-ups promoted by technocrats and scientists of Indian origin on condition that product development and manufacturing happens in India.
Road Ahead
India will emerge as a leading player in the virtual world by having 700 million internet users of the 4.7 billion global users by 2025. With the government’s favorable regulation policies and 4G services hitting the market, rapid growth is expected in the Indian telecommunication sector in the next few years. Also, with developments in this sector, services such as security and surveillance, remote monitoring of ATM machines, home automation, traffic management, retail, logistics and grid energy could eventually facilitate optimization of resources.

4.2

Investment Policy
Foreign direct investment limit in telecom services is 74 per cent subject to the following conditions:  This is applicable in case of Basic, Cellular, Unified Access Services, National/ International
Long Distance, V-Sat, Public Mobile Radio Trunked Services (PMRTS), Global Mobile
Personal Communications Services (GMPCS) and other value added Services
 Both direct and indirect foreign investment in the licensee company shall be counted for FDI ceiling. Foreign Investment shall include investment by Foreign Institutional Investors (FIIs),

Private & Confidential

Page 8 of 9

A brief report on Telecom Sector in India







Non-resident Indians (NRIs), Foreign Currency Convertible Bonds (FCCBs), American
Depository Receipts (ADRs), Global Depository Receipts (GDRs) and convertible preference shares held by foreign entity. In any case, the 'Indian' shareholding will not be less than 26 per cent. FDI up to 49 per cent is on the automatic route and beyond that on the government route.
FDI in the licensee company/Indian promoters/investment companies including their holding companies shall require approval of the Foreign Investment Promotion Board (FIPB) if it has a bearing on the overall ceiling of 74 per cent. While approving the investment proposals, FIPB shall take note that investment is not coming from countries of concern and/or unfriendly entities. The investment approval by FIPB shall envisage the conditionality that the Company would adhere to licence Agreement.
FDI shall be subject to laws of India and not the laws of the foreign country/countries.

Private & Confidential

Page 9 of 9

Similar Documents

Free Essay

Analysis of the Impact of Replacing Out-Dated Gps Devices in a Taxi Fleet

...U5014042 ENGN2226 Portfolio Analysis of the Impact of Replacing Out-dated GPS Devices in a Taxi Fleet Name: Samuel Stefopoulos Student ID: u5014042 Course name: Engineering Systems Analysis Course code: ENGN2226 Lecturer: Chris Browne Assessment piece: Individual Portfolio Date submitted: 25th October 2013 U5014042 ENGN2226 Portfolio Summary GPS devices have become increasingly common due to the advancements of electronics. They can now be hand-held and are highly prominent on roads. This is particularly noticeable in taxis, as most cabs are now fitted with some form of GPS device and many fleets have enforced mandatory GPS policies. This document analyses the impact and worth of refitting a fleet of taxis the size of Canberra Cabs with new portable GPS devices. A series of systems analysis techniques were applied in the analysis of the devices in order to reduce the complexity of the components. A major period of device improvement was identified as the time between 2007 and 2009 based on a diffusion of innovations analysis. The analysis of two particular devices, the TomTom XL 310 (2007) and the Garmin Nuvi 1350 (2009), were used as a comparative measure of the improvements made in the time period. The devices chosen for analysis were ergonomically assessed in terms of their user interface. The major factors improved were found to be the prediction of text and consistency with other devices users may be familiar with. An experiment was then designed and performed to...

Words: 6808 - Pages: 28

Free Essay

Hghcghjagjghc

...index) : Code | NAME | factor 532628 3i INFOTECH LTD 0.50  532273 CENTURION BN 0.60 523395 3M INDIA LTD 0.20  500280 CENTURY ENKA 0.45 523204 ABAN LOYD 0.40  500040 CENTURY TEXT 0.60 500488 ABBOTT (I) 0.40  500084 CESC LTD. 0.60 521064 ABHISHEK IND 0.35  500085 CHAMBAL FERT 0.55 512599 ADANI EXPORT 0.45  517326 CMC LTD. 0.50 530707 AFTEK INFOS. 0.90  500830 COLGATE PALM 0.50 506235 ALEMBIC LTD. 0.40  506395 COROMA.FERT. 0.30 505885 ALFA LAVAL 0.40  512093 CRANES SOFTW 0.70 521070 ALOK INDS. 0.75  500092 CRISIL LTD. 0.45 522275 ALSTOM LTD. 0.35  500093 CROMPT.GREAV 0.50 532309 ALSTOM POWER 0.35  500480 CUMMINS (I) 0.50 532201 AMBUJA CEMENT E 0.05  532545 DABUR PHARMA 0.25 520077 AMTEK AUTO 0.65  532528 DATAMATICS TECH 0.35 508869 APOLLO HOSP. 0.55  523367 DCM SHR.CON 0.50 500877 APOLLO TYRES 0.50  532608 DECCAN CHRONICL 0.25 500101 ARVIND MILLS 0.65  500645 DEEPAK FERT. 0.60 515030 ASAHI INDIA GLA 0.45  532121 DENA BANK 0.50 500023 ASIAN HOTELS 0.40  500119 DHAMPUR SUGA 0.55 532493 ASTRAMICR 0.40  532526 DISHMAN PHARMA 0.30 506820 ASTRAZEN.PH. 0.10  532488 DIVI’S LAB. 0.50 526991 ATLAS COPCO 0.20  523618 DREDGING COR 0.25 524804 AUROB.PHARMA 0.50  509516 DSP MERRILL 0.05 505010 AUTO AXLES 0.30  500125 E.I.D.PAR 0.65 500463 AVAYA GLOBALCON 0.45  505200 EICHER MOTOR 0.40 500032 BAJAJHIND.LT 0.50  500840 EIH LTD. 0.60 532382 BALAJI TELE. 0.35  500128 ELEC.CASTING 0.40 500102 BALARPUR IND 0.65  531162 EMAMI LTD. 0.15 502355 BALKRISH...

Words: 749 - Pages: 3

Premium Essay

Liberty Media and Barnes and Nobles Merge

...The Merger of Liberty Media and Barnes and Noble, Inc. [pic] [pic] Introduction Liberty Media has chosen to try to inquire Barnes and Noble. The price that has been offered to inquire this company is $17 per share or $1 billion. In the following we are going to discuss whether or not this inquiry is one that will be good or one that will be bad. We will determine if this industry is attractive to enter/maintain business in, we will this is a smart move financially and how much this inquiry will affect the current business practices, and lastly, we will use value chain analysis to determine if this was an overall smart move for the company. Industry Attractiveness Market Size and Projected Growth: The industry of books and media is one that is quite large there are many other book and media companies out there. Barnes and Noble has been trying to expand their business opportunities, buy expanding online operations by creating the world’s largest eBook store, and by developing the NBOOK which is the worlds most advanced eBook reader. Barnes and noble also is the world’s largest seller of magazines offering more than 5,000 titles. The company has tried to expand the company as much as possible by again expanding digital operations, and by expanding there publishing operations the company has recently acquired spark notes.com and sterling publishing. If the company continues to inquire upon more...

Words: 4533 - Pages: 19

Premium Essay

Assignment

...A report on An analysis on Walton refrigerator Submitted to: Md. Ismail Hossain Associate professor Department of marketing University of Dhaka Submitted by: Group Insuperable Section: B Department of marketing University of Dhaka Submission date: May 2, 2016 GROUOP NAME: INSUPERABLE Serial no. | Name | Roll no. | 1. | Ashikul Islam | 44 | 2. | Shahinur Akter | 98 | 3. | Farjana Akter Mito- | 110 | 4. | Sajal Bepary | 112 | 5. | Forhadi Afsana | 152 | 6. | Sajedul Islam | 176 | 7. | Ashiqur Rahman Ashiq- | 266 | 8. | Md. Eqramul Islam | 268 | 9. | Tonmoy Das | 270 | 10. | Md. Anamullah | 274 | Letter of transmittal May 2, 2016 Md. Ismail Hossain Associate professor Department of Marketing University of Dhaka Subject: submission the report on “an analysis on Walton refrigerator” Dear Sir...

Words: 2830 - Pages: 12

Free Essay

Indian Cellular Industry-Ti, May'07

...The Indian Mobile Industry May 8, 2007 @ Dallas T V Ramachandran, Director General, COAI CONTENTS I. II. ABOUT INDIA THE INDIAN TELECOM SCENARIO III. KEY PERFORMANCE INDICATORS IV. INDUSTRY INITIATIVES V. TELECOM MANUFACTURING VI. GROWTH POTENTIAL OF THE SECTOR VII. AFFORDABLE ACCESS FOR RURAL AREAS VIII. KEY CHALLENGES IX. LOOKING AHEAD 2 ABOUT INDIA 3 THE WORLD’S SECOND LARGEST MARKET Area – 3,287,263 Square kilometers Population (2006) – 1.11 Billion 22 National Recognized Languages Literacy Rate (2005) – 65% Average Annual Growth Rate – Population – 1.3% (growth is slowing) – GDP- 8.5% Trade (2006) – Total Exports – USD 103 Billion – Total Imports – USD 142 Billion Forex Reserves (including gold) =USD 200 Billion INDIA INDIA Source : FICCI/ Exim bank 4 ….& ONE OF THE FASTEST GROWING ONES One of the fastest growing economies in Asia. Annual GDP growth rate of ~8% over next 5-10 years Set to emerge as 3rd largest economy in the world by 2020 Major global hub for IT & IT enabled services By 2010 – Literacy Rate: 80% Middle Class: 32% (exploding) Poverty: 16% (declining) 5 “I visualize a prosperous India well before the year 2020. We expect the people below the poverty line to come to near zero, our literacy must be nearly 100% and tele-density will reach over 75%.” APJ Abdul Kalam The President of India 6 THE INDIAN TELECOM SCENARIO 7 INDIAN TELECOM GROWTH Even though the world has just discovered it, Indian telecom growth story is >10 years old. 8 ...

Words: 3015 - Pages: 13

Premium Essay

Emerging Trends

...manpower in the area of healthcare and modern as well as traditional medicines. I am glad that this Summit on Emerging trends in Healthcare will bring forth the journey from research desk to the bedside of patient, as we will look at healthcare at the frontline to identify some common challenges that may help explain the complex nature of healthcare and the scale of the “change” challenge. I wish to thank KPMG for unanimously contributing towards this Knowledge Paper, which gives a rich and comprehensive insight of the trend in healthcare. I would also take the opportunity to thank QCI for supporting this event. The case studies contributed providing the best of their services and support towards improving the healthcare scenario of India, I wish them great success ahead. Last but not the least, I wish to extend a token of appreciation for the Healthcare/ BioPharma team for their effort and interaction with the Healthcare/Bio Pharma industry at different levels. (D.S. Rawat) Secretary General ASSOCHAM © 2011 KPMG, an Indian Partnership and a...

Words: 17817 - Pages: 72

Premium Essay

Indian Economy Governance

...rP os t 9 -7 1 2 -0 3 8 REV: MARCH 12, 2014 LAKSHMI IYER RICHARD H. K. VIETOR India 2014: The Challenges of Governance op yo Introduction In January 2014, India’s government faced significant economic and social challenges. Economic growth rates had slowed from 10.5% in 2010 to only 4.9% in 2013. Inflation remained stubbornly high at 10.1%, despite sustained interest rates of around 10%, and the rupee/dollar exchange rate depreciated from 45 rupees in March 2011 to 62 rupees in December 2013. tC The ruling Congress Party faced worsening political obstacles as well. After the 2009 elections, the government had found it very difficult to enact substantive new legislation, owing to gridlock caused by opposition political parties and the Congress Party’s own coalition partners. A decision to allow foreign investment in retail megastores had been put on hold following objections by the Trinamool Congress, a key political ally.1 In September 2012, legislation was passed to allow foreign investment in multi-brand retail stores in states which agreed to implement the decision. 2 After making more than 100 amendments to satisfy diverse stakeholders, a new Land Act was passed in August 2013 to enable the state to acquire land for industrial growth more efficiently, with increased compensation for landowners.3 No Over the past few years, a series of high-profile corruption scandals had resulted in the resignation of several cabinet ministers and state chief ministers. These scandals...

Words: 15079 - Pages: 61

Free Essay

Media

...The Indian Entertainment and Media Industry Unravelling the potential This report has been prepared on the basis of information obtained from key industry players, trade associations, government agencies, trade publications and various industry sources specifically mentioned in the report. While due care has been taken to ensure the accuracy of the information contained in the report, no warranty, express or implied, is being made, or will be made, by FICCI or PricewaterhouseCoopers Pvt. Ltd., India (PwC), as regards the accuracy and adequacy of the information contained in the report. No responsibility is being accepted, or will be accepted, by FICCI or PwC, for any consequences, including loss of profits, that may arise as a result of errors or omissions in this report. This report is only intended to be a general guide and professional advice should be sought before taking any action on any matter. FICCI and PwC jointly hold all copyrights to this report, and no part thereof may be reproduced or replicated without prior explicit and written permission of both the parties. The Indian Entertainment and Media Industry Unravelling the potential March 2006 Foreword Welcome to the 2005 annual edition of the Indian Entertainment and Media (E&M) Industry Report. FICCI takes this opportunity to thank PricewaterhouseCoopers, our Knowledge Partners, for having devoted precious time and resources to prepare this report at our behest. The E&M industry is at an inflexion...

Words: 7262 - Pages: 30

Free Essay

Anuj

...Background Paper submitted to the Committee on India: Vision 2020 Telecom Sector in India: Vision 2020 Manas Bhattacharya*, IES (Deputy Director General (Finance), Department of Telecommunications, Ministry of Communications & IT, Government of India) The views exposed in this paper are that of the authors not of the Planning Commission Telecom Sector in India: Vision 2020 by Manas Bhattacharya*, IES (Deputy Director General (Finance), Department of Telecommunications, Ministry of Communications & IT, Government of India) Introduction The purpose of this paper is to construct a vision of Indian telecom sector for the year 2020, i.e., about two decades from now. Development being a continuous process, the choice of the year 2020 is just an arbitrary division of time, a pre-defined time horizon to take stock of what is likely to be achieved. Pre-portrayal of a stage of development in future requires understanding of the process of change, the dynamics that set law of motion. In attempting to do so, the present paper deciphers the recent past. Process of change is often volatile and responsive to intervention and global circumstances impacting it. In such an inherently dynamic situation it is convenient to assume that cross-country experiences incubate the most recent seeds of change. This is because countries at various stages of development encapsulate developmental experiences that occur with the passage of time. The present paper isolates...

Words: 13314 - Pages: 54

Free Essay

Ict and Its Impact on Economic Growth

...of Arts & Commerce Vitthalwadi-East Email-Id :- kadam.a333@gmail.com Contact No:- 9029787363 ICT AND ITS IMPACT ON ECONOMIC GROWTH Exploring the growth potential of ICT ------------------------------------------------- Abstract: ------------------------------------------------- Past decade saw the growth of service sector and marveled on the growing potential of the IT industry. This became more relevant if we see the exponential growth of Internet along with T.V and Radio. So Information Technology (IT) along with Communication Technology (C.T) converges to give us a unique combination of ICT-Information and Communication Technology. This paper attempts to understand the contribution of ICT in the growth story of India. It analyzes the contribution towards growth with the help of four major components of ICT: Internet, Telecom, IT sector, T.V and Radio. The paper presents data and statistics providing sample evidence of the ever growing contributions of ICT towards income generation and employment for the country and thus having a major economical impact. Finally the paper concludes with the fact that it is high time to acknowledge the relevance of ICT within the service sector and growth cannot be looked exclusive of it. Information and Communication Technology:- Number of different studies find that there is a positive impact of the spread of ICT on national output (Röller and Waverman 2001, Sridhar and Sridhar 2004).According to a recent World...

Words: 2424 - Pages: 10

Premium Essay

Fdi Policy 2013

...Department of Industrial Policy and Promotion Ministry of Commerce and Industry Government of India CONSOLIDATED FDI POLICY (EFFECTIVE FROM APRIL 5, 2013) Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion (FC Section) CIRCULAR 1 OF 2013 SUBJECT: CONSOLIDATED FDI POLICY. The “Consolidated FDI Policy” is attached. 2. This circular will take effect from April 5, 2013. (Anjali Prasad) Joint Secretary to the Government of India D/o IPP F. No. 5(1)/2013-FC.I Dated the 05.04.2013 Copy forwarded to: 1. 2. 3. 4. 5. Press Information Officer, Press Information Bureau- for giving wide publicity to the above circular. BE Section for uploading the circular on DIPP's website. Department of Economic Affairs, Ministry of Finance, New Delhi Reserve Bank of India, Mumbai Hindi Section for Hindi Translation 1 INDEX DESCRIPTION PAGE NUMBER CHAPTER-1 INTENT AND OBJECTIVE 1.1 Intent And Objective 5 5 CHAPTER-2 DEFINITIONS 2.1 Definitions 7 7 CHAPTER-3 GENERAL CONDITIONS ON FDI 3.1 Who can invest in India? 3.2. Entities into which FDI can be made 3.3 Types of Instruments 3.4 Issue/Transfer of Shares 3.5 Specific conditions in certain cases 3.6 Entry routes for Investment 3.7 Caps on Investments 3.8 Entry conditions on investment 3.9 Other conditions on Investment besides entry conditions 3.10 Foreign Investment into/Downstream Investment by Indian Companies 13 13 15 17 20 26 29 30 30 31 31 CHAPTER-4...

Words: 34628 - Pages: 139

Free Essay

Wipro

...October 2011: 1 | | Cabinet approves Bill to share mining profits | * Mines and Mineral Development and Regulation (MMDR) Bill, 2011 * Provides for mining companies to keep aside 26% of their net profits for a Mineral Development Fund to be used for development and rehabilitation of project-affected people in the tribal areas of the country * For the non-coal companies, amount will be equivalent to the royalty they pay * Appointed a regulatory body for overseeing the functioning of the mining sector and measures to tackle illegal mining | Maoist problem in West Bengal | * In Jangalmahal region of West Bengal * Maoists: Operations by security forces and peace talks cannot go together. | Yasin Malik's arrest sparks protests | * After police detained JKLF chairman Mohammad Yasin Malik for taking out a rally against the death sentence awarded to Afzal Guru | Court allows export of unused endosulfan | * SC has allowed the export of unused stock of endosulfan. * But the ban on use and production of the pesticide will continue | FDI in beekeeping | * GOI allowed 100 per cent FDI in beekeeping, also known as ‘apiculture' under automatic route * Other areas in which the permission has already been given: * Plantation * Horticulture * Seeds * Cultivation of vegetables and mushrooms * Animal husbandry * Pisciculture * Aquaculture | 2 | | Neelima's application for visa rejected | * American Consulate in Mumbai rejected Magsaysay...

Words: 37383 - Pages: 150

Premium Essay

E-Governance for Rural Development

...E-Governance for Rural Development Swati Bhatt Sr. Lecturer (Marketing Area), Dept of Management Studies India is a land of diversity. This diversity spans across culture, tradition, language, geography and the economic condition of the people. It is a nation that has a significant number of people who are below the minimal socio-economic benchmarks. This includes rural and urban poor, women in rural areas, street children, people belonging to historically disadvantaged castes and people living in less developed areas. The vulnerability of these sections of society has increased with globalization and this section is prone to become even more marginalized - economically and socially. Successive governments have committed themselves to addressing these divides, but effective implementation of various economic development programmes aimed at individuals belonging to these sections of society has proved an elusive goal. During the 1980s and early 1990s, initial attempts towards e-Governance were made with a focus on networking government departments and developing in-house government applications in the areas of defence, economic monitoring, planning and the deployment of IT to manage data-intensive functions related to elections, census, tax administration etc.80 These applications focused on automation of internal government functions rather than on improving service delivery to citizens. Over the past decade or so, there have been islands of e-Governance initiatives...

Words: 15593 - Pages: 63

Free Essay

Indian Telecommunication Sector

...Higher standards............making a difference for you INDIAN TELECOMMUNICATION SECTOR I Introduction Indian telecom industry is growing at a great pace & India is expected to become a manufacturing hub for telecom equipment. Indian telecom equipment manufacturing sector is set to become one of the largest sectors globally by 2010. Due to rising demand for a wide range of telecom equipment, particularly in the area of mobile telecommunications, has provided excellent opportunities to domestic and foreign investors in the manufacturing sector. II Opportunitie s The Indian telecom market is expected to grow three fold by 2012 & market size over US $ 8 billion. Moreover the government has set a target of 20 million broadband connections by 2010. The National Telecom Policy 1999 targets tele-density at 15 per cent by 2010. This will entail an investment of US $ 40- 50 billion over the next 6-8 years. There is an immense opportunity for DTH in the Indian market which is almost 10 times compared to the developed countries like the US and Europe. For every channel there is a scope for broadcasting it in at least ten different languages. So every channel multiplied by ten that is the kind of scope for DTH in the country. India’s media players have all the ingredients to develop a successful DTH industry. So currently there is a lot of pent-up demand in the Indian market for DTH. It is expected that by the year 2010 there will be over 500 million subscribers in the Indian telecom market...

Words: 1060 - Pages: 5

Free Essay

It in Globalization

...Engineering MCKV Institute of Engineering Howrah, India Basab Bandyopadhyay Department of Civil Engineering Professional Engineering Services Pvt. Ltd. Kolkata, India Abstract The objective of this paper is to explain the meaning of Globalization and to explore the impact of globalization in Indian context. Our study has two major goals: To analyse the globalization process before and after independence and to describe the main features of the Indian software industry, especially its competence and weakness. The study also reveals the trade and investment policies of the Government of India and its effects on Foreign Direct Investment. We have also done comparative study between Indian and Chinese economy, their strength and challenges. Keywords—Globalization; FDI; India; IT; China; Economic Policy; Industry; Technology. Introduction Globalization is a natural phenomenon of today’s world economies. However in the Indian perspective the globalization of its economy in general and science and technology in particular has taken varied course on its way to modern times. The key feature of this paper is to trace its path through the different periods, with special emphasis on the evolution of science and technology during this course. Different government policies adopted to cope with the rough terrains of economy has been discussed in brief to draw a sketch for the mentioned period. Since globalization of technology in India is incomplete without the discussion of development...

Words: 3541 - Pages: 15