FOREIGN DIRECT INVESTMENT (FDI) AND TELE-COMMUNICATION SECTOR IN INDIA

Foreign Direct investment (FDI) can work as a focal source for the capital formation of any country for its economic development in a significant manner. This can be expected to span over all the industries and sectors including Telecom, particularly in developing countries like India. Over the past decade the Telecom sector has experienced rapid growth owing to regulatory liberalization, however, the sector has been in turbulent phase started from 2014-15 year, marked by legality of Long-Term Evolution (LTE), roaming agreements, one Time Spectrum Cost, Refraining of allotted spectrum in the 2300+ MHz band, etc. The present paper discusses on the role of FDI in the development of telecom sector.