Indian Telecom Market is expected to cross the Rs 6.6 trillion revenue mark by 2020, Manoj Sinha
The Dollar Buisness Bureau The Minister of Communications Manoj Sinha said that the Indian telecom industry has seen a paradigm shift from a voice centric market to a data-centric market. While voice business still contributes a large chunk towards operator revenues, data revenues have shown an exponential growth trajectory over the last few years. Speaking at a Workshop on Telecom India, the Minister said that by the end of 2016 the number of internet subscribers in India was 391.50 million making India globally the 2nd highest in terms of internet users. He said that mobile data traffic also grew by 76% in India in 2016 which was primarily attributed to increased smart phone penetration. This growing usage of smart phones, especially in urban ...
India held bilateral meetings with various countries at the WSIS Forum 2017
The Dollar Business Bureau The World Summit on the Information Society (WSIS) Forum 2017 represents the world's largest annual gathering of the ‘ICT for development’ community. The annual WSIS Forum is a global multi-stakeholder platform facilitating the implementation of the WSIS Action Lines for advancing sustainable development. The Forum provides an opportunity for information exchange, knowledge creation and sharing of best practices, while identifying emerging trends and fostering partnerships, taking into account the evolving Information and Knowledge Societies. The Forum is co-organized by ITU, UNESCO, UNDP and UNCTAD, in close collaboration with all WSIS Action Line co-/facilitators and other UN organisations (UNDESA, FAO, UNEP, WHO, UN Women, WIPO, WFP, ILO, WMO, ITC, UPU, UNODC, UNICEF and UN Regional Commissions). It provides an ...
India to bolster ASEAN's digital connectivity missions
The Dollar Business Bureau Minister of State for Communications (Independent Charge), Manoj Sinha, on Monday, said ASEAN countries’ ambitious digital connectivity initiatives can benefit from the Indian expertise of extending affordable digital technologies to remote areas. "We look forward to being your preferred partner in your digital connectivity initiatives...I can assure you, we will do whatever is required, for Indian products and services to become the first choice for your telecom needs," he said at a gathering of telecom representatives from ASEAN countries organised by Telecom Equipment and Services Export Promotion Council (TEPC). Referring to Prime Minister Narendra Modi’s pet initiatives such as Bharat Net broadband project, Digital India and Make in India, the minister said: “...the experience of taking technology to remote corners at affordable price, can ...
Global cos can leverage Indias telecom industry expertise: Sinha
The Dollar Business Bureau International companies can leverage the “expertise and experiences” of India’s telecom industry for offering cost-effective solutions in their domestic markets, Telecom Minister Manoj Sinha said. “We can genuinely plan for making the world a better place to live, with intelligent and smart services, with quality equipment and better service delivery. With our experiences and expertise it will be easier for you to achieve this target,” Sinha said after inaugurating the 8th Telecom Export Promotion Council's Buyer-Seller meet on Monday.He further said that Indian industry’s experience of taking the communication technology to remotest corners of the country at reasonable prices can be leveraged by companies to offer cost-effective solutions in their countries. Around 28 countries from South-East Asia, South Asia, ...
Dedicated Freight Corridor project will be completed in time: Minister
The Dollar Business Bureau Indian Railways is confident that its most ambitious project - ‘Dedicated Freight Corridor (DRC)’ will be completed in time i.e. by 2019. Manoj Sinha, Minister of State (Railways) said, “Prime Minister Narendra Modi wants the two dedicated freight corridors, west and east, completed in time, even as the government is planning for more such lines.” He assured the industry that despite several problems being faced in this initiative, the railways had “full confidence” of completing them in time and added that the Allahabad-Mughalsarai sector of the eastern corridor would be completed faster. The project is worth Rs 81,459 crore and the work is expected to complete in two phases between 2017 to 2019. While inaugurating an ASSOCHAM conference on ...
Indian Railways freight traffic increases to 357.57 million tonnes in April-July 2014
The Dollar Business Bureau | @TheDollarBiz Ministry of Railways is targeting total freight loading of 1,101 million tonnes in FY2014-15 Revenue earning freight traffic carried by Indian Railways has increased to around 357.57 million tonnes during April - July 2014, which is up about 14.57 million tonnes or about 4.2% from 343 million tonnes recorded during the same period last year, according to India’s Ministry of Railways. In July 2014, the revenue earning freight traffic carried by Indian Railways stood at around 89.89 million tonnes, up about 3.68 million tonnes or 4.27% from 86.21 million tonnes carried by the Indian Railways during the same period last year. The Ministry of Railways is targeting total freight loading of 1,101 million tonnes in ...
