Indian Government heading for high growth of Telecom Sector

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Indian Government heading for high growth of Telecom Sector 
It seems the Indian Government is committed to boost the telecom sector. As per the latest information, Union Minister for HRD, Communications & IT and Law & Justice Kapil Sibal has stated that a combination of liberal M&A and FDI policies will facilitate the required investments, and spur renewed activity in the telecommunication sector in India.

Speaking at the CII National Telecom Summit 2013, organized in partnership with the Department of Telecommunications, the Minister remarked that the industry and the government need to empower the common man through affordable services, data and devices. He also stressed on the urgent need to establish an indigenous fab facility in the country.

Building further on expected data growth, Kiran Karnik, Chairman, CII National Committee on Telecom & Broadband, said that future possibilities will be opened up by broadband, leading to widespread impact in the fields of education, health, financial inclusion, skills and training and thanked DoT for creating a Joint Working Group on Broadband on CII’s request. This is chaired by Kiran Karnik with Co-chairman Ms Rita Teotia, Additional Secretary, DoT.

Mr Kapil Sibal also released Kearney's white paper on "Serving India's Digital Consumer", on this occasion. Mohit Rana, Partner, A.T. Kearney, said that delivering to expectations of the 600 million "digital customers" in 2020 will require operators to develop new capabilities and ecosystem partnerships. The government needs to provide adequate spectrum at market relevant prices, which will bring back capital investments in the sector.

The summit with the theme "Building Communications: Accelerating Development" was attended by representatives from the government, leaders from the Indian telecom, IT and electronics industry......See More

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