Telecommunications
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The Indian telecommunications industry is one of the fastest growing in the world and India is projected to become the second largest telecom market globally by 2010. India added 113.26 million new customers in 2008, the largest globally. The country’s cellular base witnessed close to 50 per cent growth in 2008, with an average 9.5 million customers added every month. According to the Telecom Regulatory Authority of India (TRAI), at the end of April 2009, the total number of telephone connections reached 441.47 million. With this growth, the overall tele-density reached 37.94 at the end of April 2009. According to Business Monitor International, India is currently adding 8-10 million mobile subscribers every month. It is estimated that by mid 2012, around half the country's population will own a mobile phone. This would translate into 612 million mobile subscribers, accounting for a tele-density of around 51 per cent by 2012. India is the fourth largest telecom market in Asia after China, Japan and South Korea. The Indian telecom network is the eighth largest in the world and the second largest among emerging economies. At current levels, telecom intensiveness of Indian economy measured as the ratio of telecom revenues to GDP is 2.1 percent as compared with over 2.8 percent in developed economies.
 
 
Key Initiatives / Information
 
IAF in collaboration with Ministry of Defence has taken an initiative to set up an academy for the resettlement process of the Air Warriors. The IAF along with CII will take this initiative forward to prepare Air Warriors for resettlement with intent:
 
“Managing capacities and harnessing technology through automation” 2nd November 2012 at New Delhi.
 
First communication from the CII President to all members after assuming the office of CII, President.
 
The travails of the global economy appear to be still not behind us, despite gradual recovery during 2010 from the worst global economic conditions since World War II. Continued fiscal and debt burdens vitiate the recovery process, imparting a degree of fragility and uncertainty to global economic conditions. The world needs a new source of growth and stability, and India, a rapidly growing economy with strong internal demand, offers a new opportunity. India remained relatively untrammeled by the developments in the Eurozone and reverted to close to 9% GDP growth rates in 2010. Growth was broad-based across all sectors, including agriculture, manufacturing and services. Public commitment to calibrated exit from expansionary fiscal policy and continued corporate and household confidence have helped sustain a virtuous growth cycle. The resurgence of the rural economy and intensified infrastructure mission further strengthened the foundations for medium-term growth propensities.
 
 
CII News Update
 
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CII Contact
 
Anjan Das
[Executive Director]
Confederation of Indian Industry
IGSSS
3rd Floor, IGSSS Building
28, Instutional Area
Lodi Road
New Delhi-110003
Delhi
India
Phone : 91-11-45772019
Fax :91-11-45772014
Email : anjan.das@cii.in