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India’s Telecom Sector Witnesses Surge in Foreign Direct Investment

India’s Telecom Sector Witnesses Surge in Foreign Direct Investment

Live Mint reports that the explosive growth in data consumption is taking India’s telecom sector to its next stage of growth, and foreign investments have seen a surge because of it.

India permitted 100% foreign direct investment in the telecom sector in July 2013, and the first 10 months  of  FY 2015 (ending January 2015) saw record investments.

FDI in Telecom
FDI in Telecom
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