| Telecommunications |
India offers an unprecedented opportunity for telecom service operators, infrastructure vendors, manufacturers and associated services companies. The growth statistics of the sector combined with the government's decision to increase |
the foreign direct investment cap in the sector to 74 per cent is generating interest among global investors. Indian telecom tariffs are among the lowest in the world and the country has more than 171 million telephone connections, making it the 5th largest in the world. Driving this growth is the mobile telephone revolution-all the major cell phone manufacturers such as Nokia, Sony Ericsson, LG, Samsung, Haier and Motorola now have manufacturing bases here. In fact, the mobile telecom industry alone has generated 3.6 million jobs directly and indirectly.
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