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Consider the following statements regarding the Telecom Industry in India
The Telecom Industry of India is the fourth largest in the world.
It is also the 4th largest sector in terms of Foreign Direct Investment (FDI) inflows.
India has an overall teledensity of 100%.
How many of the statements given above is/are correct?
Only One
Only Two
All Three
None
Only statement 2nd is correct.
Status of the Telecom Sector in India
The Telecom industry in India is the second largest in the world with a subscriber base of 1.179 Billion as of August 2023 (wireless + wireline subscribers).
It is also the 4th largest sector in terms of Foreign Direct Investment (FDI) inflows, contributing 6% of total FDI inflow.
India has an overall teledensity of 84.69%. Tele-density denotes the number of telephones per 100 population and is an important indicator of telecom penetration.
Hence option 1st is correct.
By: Shubham Tiwari ProfileResourcesReport error
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