Market share of wireless subscribers in India December 2023, by provider

Reliance Jio held the highest share of subscribers, at around 39.7 percent, in the wireless network market across India as of December 2023. The company had over  459.8 million subscribers during the same time period. The number of mobile subscribers across the south Asian country amounted to over a billion in 2022.

Telecommunication sector in India

The Indian telecom industry registered strong growth in the recent years and became the second-largest telecommunications industry in the world. The country also ranked second in terms of total internet users worldwide in 2022. The gross revenue from the telecom services industry amounted to around three trillion Indian rupees in 2022.

Government initiatives

Fast-tracked changes in the sector continue to be growth drivers for the industry. In 2020, a hundred percent FDI was allowed in Bharti Airtel. The investment cap was also increased to a hundred percent, previously at 74. The ‘Digital India’ program was also introduced in 2015, under which all sectors including healthcare, retail and others were planned to be digitalized.