With turnover of USD24.3 billion, India accounts for 2.6% of the Asia Pacific total in 2023. The industry’s profitability decreases and stands at 55.0% of turnover in 2023, the highest regionally. The costs of the industry decrease by 3.6% in 2023, largely driven by declining B2B costs. The total number of companies decreases in 2023, to 496,561 units. The industry is concentrated, with the top five companies generating 64.5% of total production value in 2023. Vodafone Idea Ltd is the largest company in India, generating 23.8% of the industry’s total turnover value in 2023. B2B drives market demand, with B2B spending representing 56.6% of total demand in 2023.
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This Euromonitor industrial report provides unique information on Telecommunications in India: ISIC 642. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Telecommunications in India: ISIC 642 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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