The Government of India has focused on the job of making the new policies for the telecom industry. An outline of these polices might be all set to create a chaos by the end this year. These details were provided to the media by Aruna Sundararajan, the Telecom Secretary, in an interview.
“Operating groups are being set to draft the terms up as we discuss,” she further added in her statement. Last week, the Department of Telecom (DoT) commenced the discussion procedure by meeting infrastructure providers, operators, standards bodies, and industry associations. The department is in the midst of making a National Telecom Policy that will aim on sectors such as next-generation technologies (such as Internet of Things and 5G), Internet for all, security, and skill development among others.
DoT aims to go for a broad discussion and outreach prior to finalizing the new terms and anticipates to have it in position by the end of March next year. The formulation of new policy comes at a time when the industry is burdened with economical challenges. Profitability and revenue of both small and large operators have come below severe stress after the entrance of Reliance Jio, the aggressive newbie, and the following free voice and data offerings. The 2012 National Telecom Policy had taken key measures such as liberalization of spectrum, whole mobile number portability, and permitting delinking of spectrum from license among others.
Internet of Things has not only reached telecom sector but also other sectors in India. Bengaluru has come forward as the major destination for Internet of Things startups to set up foundation. This was due to the fact that it contributes for 52% of the total Internet of Things start-ups in the country, a recent study stated this.
Delhi NCR follows Bengaluru with 12%, further having various cities in line including Hyderabad 4%, Mumbai 11%, Chennai 2%, and others jointly contribute for 19%. “A broad accessibility of skill, access to industry experts, pushing ecosystem of investors, and the presence of start-up drivers are accounting to dominance of Bangalore,” the report stated. The study on the Internet of Things start-up environment in the country also exposes that over 120 Internet of Things start-ups were started in India in the last 10 years with more than 80% of them being founded subsequent to 2010. Collectively, these enterprises have gained more than $169 Million as financial support from 2006, the report further added.