Consolidation in Indias fragmented telecom industry and estimated spurt in manufacturing have opened up new growth avenues. With close to 1 billion mobile subscribers, India is the second-largest as well as one of fastest growing telecommunication markets in the world.
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India calling
In a move that could help consolidation, the government, just this September, approved rules for spectrum trading, allowing companies to buy and sell spectrum among themselves.
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Looking East
While political differences may take a while to be ironed out, growing business collaborations between India and China are scripting a mutually benefiting story. China has shown keen interest to finance India´s infrastructure development