India’s telecom industry- Non-profitable and bureaucratic.
Mirinal Chaman
(Editor DERIK TIMES)
Doing business in India is becoming difficult for foreign companies because of slower government clearances. The telecom industry, if looked from an international perspective, is a mess in India. It seems to come from this concept that has been developed in the past, that more the competition, the better. But it looks as if it is backfiring because companies are winding up their businesses or selling their stakes. The recent example is of NTT Docomo that sold its stake in Tata and left the country.The current telecom Industry in India is struggling to withhold their foot. No doubt there is a vast market ahead that offers good returns but the share is getting smaller day by day. The new policies of government keep budding up and it creates havoc for the companies to run their business.
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