FDI in telecom sector reached $10 billion in first eight months of 2016-17: Telecom Secretary J S Deepak
Telecom Secretary J S Deepak said that foreign direct investment (FDI) in the telecom sector has jumped to $10 billion during the first eight months of 2016-17, from $1.3 billion in 2015-16, driven by policy reforms brought by the Indian government. FDI in telecom sector stood at $1.3 billion in 2013-14, which increased to $2.9 billion in 2014-15, and $1.3 billion in 2015-16. “FDI has jumped to USD 10 billion,... Read More