india's telecom story..!!

Telecom sector has been undergoing a revolution for last few years. Its an example of what competition and right regulatory framework can do to a sector. At present, India has more than 400million mobile subscribers and it has become the fastest growing market of mobile phones in the world with 10 million additions each month. The appropriate regulatory framework allowed private sector firms like Airtel and Reliance to play leading roles in shaping up the mobile telephony business in india. In recent times we have seen many foreign companies having plans to start operations in india. This sector can serve as an example to other sectors as how the judicious combination of right policy and environment can help to achieve accelerated growth.

However, the slow pace of bureaucratic decision making has affected the technological upgradation of the sector. We are still caught up in the 2G mobile telephony and the introduction of 3G technology seems to be trapped in red tapism. Moreover, there appears to be some discretion on the part of ministry as far as allocation of spectrum is concerned and it is not a good sign if we want to promote our country as an ideal business destination.