The India Telecom Market size is estimated at USD 48.61 billion in 2024, and is expected to reach USD 76.16 billion by 2029, growing at a CAGR of 9.40% during the forecast period (2024-2029).
The Indian telecom market is consolidated with key players, such as Reliance Jio Infocomm, Bharti Airtel, Vodafone Idea Limited, Vodafone Idea Limited, and Mahanagar Telephone Nigam Ltd. ( MTNL) occupying the most market shares. These players focus on deploying the 5G network and increasing network capacity across the country to remain competitive in the market.
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