INTRODUCTION India’s economic liberalization began in 1991. It has moved towards a market based economy. Since the 1990s, the middle class has grown and poverty levels have fallen. Economy is 9th largest in world by nominal GDP ($1.704 trillion) and 3rd largest by purchase price parity ($4.448 trillion). GDP growth has risen to 8.5% (2010-2011) from 7.4% (2009-2010). The unemployment rate for 2010-11 was 9.8%. Indias total trade in goods and services has reached a share of 43% of GDP in 2005–06, up from 16% in 1990– 91.
MAJOR SECTORS OF INDIAN ECONOMY 1990 2011 Servies Agriculture Services Agriculture Manufacturing IT Manifacturing IT 1% 5% 29% 39% 27% 53% 31% 15%
TELECOM INDUSTRY - OVERVIEW In 1880 it was an monopoly industry under government. In1881 the license was approved to Oriental Telephone Company Limited . Now India is worlds second-largest in terms of number of subscribers. In 1981 when Prime Minister Indira Gandhi signed contracts with Alcatel CIT many public sector organizations were set up. In 1991 DoT(department of telecommunication) renamed as BSNL
TELECOM SECTOR – CURRENT SCENARIO Indias mobile subscriber base rose to 771.2 million at the end of January 2011, up from 752.2 million in December 2010. The mobile penetration reached 64.7%. The TRAI said that the number of rural customers edged up by 3.2% to 258.9 million in January from 250.9 million a month earlier. The share of urban subscribers has declined to 66.42% from 66.65%," said the TRAI, in a statement. Average Revenue Per User (ARPU) for GSM-Full Mobility service declined by 10.16%, from Rs 122 in QE Jun-10 to Rs 110 (2.46 USD) in QE Sep-10.