Foreign Direct Investment (FDI) into India grew by 13 per cent to a record $50 billion in its last fiscal year, ending March 2020. Beside services, the key sectors which attracted inflows were computer software and hardware ($8 billion), telecommunications ($4 billion), trading ($5 billion), automobile ($3 billion), construction ($2...
India's Telcos to Install 57,000 Mobile Towers in Rural Areas
Ravi Shankar Prasad, India's minister for communications, said that telecom companies in the country planned to set up 57,559 towers for mobile services in the rural areas by 2020. "The reasons for not having mobile services in all villages include remote and tough terrain, areas diversely located with a scattered...