India's Growth Sectors

As per a recent study on corporate investments bytelecom sector is among the most growing sectors in
the Reserve Bank of India, the investment inthe country.
infrastructure is higher at 53 per cent of the cost inThe automobiles sector in the country has witnessed
FY'10 as compared to the 45 per cent in FY'09.an upsurge due to the burgeoning middle class. The
Power and telecom accounted for over half of thecar sales have increased and India's automobile sector
cost of all projects. The total investment in theis likely to become the top ten markets for the
infrastructure sector stood at Rs 2,95,805 crore incompany globally by 2011. India's automobiles sector is
FY'10.an emerging favorite investment destination for
Among the segments of infrastructure sector, theautomobiles manufacturers.
power sector attracted the maximum investment toIn the tractor segment in the automobile sector,
the amount of Rs 1,68,326 crore, telecom at RsMahindra and Mahindra (M&M) has become the
1,17,689 crore, metal and metal products at Rs 1,12, 732world's top tractor company by selling a record of 1.59
crore, construction at Rs 47, 636 crore and mining andlakh tractors in 2009 and surpassed John Deere of the
quarrying at Rs 14, 009 crore.US.
A lot of corporate investment was witnessed inThe growing Indian Telecommunications network is the
metals and metal products with a share of 20.3 persecond largest in the world with more than 621 million
cent, followed by construction projects and cementusers. The Liberalization process in India primarily
among the various infrastructure segments.allowed various private telecom players for value
The investment was predominantly directed towardsadded service and later on with the growing Indian
the power sector. The infrastructure sector alsoEconomy, India is one of the manufacturing hubs for
observed a continued thrust on public privatemany Telecom Companies. An attractive trade and
partnership according to the study and had a positiveinvestment policy and lucrative incentives for foreign
impact on stimulating investment in power, telecom andcollaborations have made India the most attractive
construction projects in the infrastructure sector.markets for the telecom equipment suppliers and
India's telecom sector witnessed an increase in userservice providers.
base by 17.98 million users in June 2010. The telephoneThe telecom sector in India has undergone a major
subscriber base in the country's telecom sector wentprocess of transformation with significant policy
up to 671.69 million. India's telecom sector is one of thereforms. India offers an unprecedented opportunity for
largest telecom markets in the world and is estimatedinfrastructure vendors, telecom service operators,
to touch 700 million subscribers by 2012. As per themanufacturers and associated services companies. A
Telecom Regulatory Authority of India (TRAI), thehost of factors are contributing to enlarged
number of telephone subscriber base in the Indianopportunities for growth and investment in the Indian
telecom sector stood at 653.92 million as on May 31,telecom sector. However, the Indian Telecom market
2010 thereby recording an increase of 2.49 per centis yet to reach many geographical locations, there are
from 638.05 million in April 2010. Recently, the telecomyet load of opportunities for more and more telecom
infrastructure firm Quippo-WTTIL has signed a dealoperators to invest in the Indian Telecom Sector.
with IBM to provide technical support. The Indian