India is one of the fastest developing countries in the world with a consistent rise of over 7% year after year. By registering rapid growth in the last decade, the country has gone on to become the world’s second-largest telecommunications market. Among the numerous factors that are influencing the country’s gross domestic product (GDP), one of the most influencing factors over the years has been the rapidly growing mobile economy, which at the moment is on the verge of becoming one of the underlying pillars of the nation’s economy. Be it the reformed and liberal policies undertaken by the government, or the need to go digital in every front, one can see India rising to become one of the world leaders in the field of telecom. With the most recent reforms, the government has facilitated easy market access to various telecom equipments to ensure the availability of telecom services to the consumer at affordable prices. Another facet that must be considered is the deregulation of Foreign Direct Investment (FDI) norms by the government, which has propelled the sector to become one of the fastest growing sectors in the country.
According to Randstad India, more than four million direct and indirect jobs in the Indian telecom sector will be generated in the next five years. With the increased penetration of the telecom sector in the rural areas of the country, the opportunities are always on the rise, making it one of the top five employment generators in the country. Thanks to this surging rise, more and more individuals are wishing to pursue an MBA in the field of telecom management from institutes like Symbiosis Institute of Telecom Management, MIT School of Telecom among others. The Symbiosis college for MBA is well known across the country for its expertise prowess in the field of telecom, thanks to their pioneering stance.
With an ever increasing subscriber base in the telecom sector, there have been a considerable number of investments and developments in the sector. In this opportune time, individuals must opt for the Symbiosis college in Pune for MBA to excel and innovate in the aforementioned field. Estimated to have over 180 million smartphones by 2019, India is on the path to becoming a global leader in the telecommunication industry. For individuals who wish to take a leap of faith and explore the plethora of opportunities in the telecom sector, the time is ripe and perfect.
I am a Professional Blogger and Content writer for Symbiosis.