Global And Indian Telecommunication Industry

Look to the real India – both the ecommerce players need to focus on the rural and semi-rural domains in the present market scenario to expand their reach. Let’s talk about the cell phone industry online sales constitutes for 33% of gross cell phone sales in India, this can be taken into account, Flipkart has started to target tier – 2 cities with faster delivery services, while Amazon has initiated various demonstration sessions run by retailers, on various smartphones functions in semi urban areas to promote the concept of “Showrooming”.

India is one country which is developing rapidly at the moment along with China (Lal and Clement, 2005). The political, economic, social, cultural, technological and legal climate in India is extremely suitable for international entrepreneurs since business prospects in a country are heavily dependent on the above mentioned parameters. Since India is the second most heavily populated country in the world, British telecommunication company, Vodafone has enormous business opportunities in India. Mobile phone usage in India is increasing rapidly in recent times (Press Information Bureau: Government of India, 2010). A substantial portion of Indian

The downgrading of the Indian rupee against the dollar is of immense anxiety to almost every industrial and service sector in the Indian economy. However, India's current economic woes are good news bulletin for visitors. Whether it is foreign tourist arrivals or domestic tourism, India's tourism industry is experiencing a real bang. The intensifying value of the dollar against the rupee has made quite a shock on the foreign travel plans of many Indian holidaymakers, prompting them to toggle to cheaper destinations to make their depreciated currency go further. As a result, domestic destinations like Goa and Agra are witnessing increasing interest. Anticipating an inbound travel upswing during the winter season, tourism stakeholders nationwide are excited about the prospects of a robust tourism

Tourism and industrial recycling, being other major sectors, are also one of the industries that are growing fast globally. The global gross domestic product (GDP) for tourism industry was considered for 10.3 per cent. Tourism is not just a fast-growing industry, but jobs in most economies are created by tourism industry since it demands human-resource. Approximately, “230 million jobs are created in tourism industry and one and a half indirect jobs are created by one direct

In Indian context, it is similar to other countries. Indian hospitality and tourism industry is poised for long term sustainable growth and looks to stabilize and grow further in future. It is clear by “The Travel and Tourism Competitiveness Report” of 2013, published by World Economic Forum, India,

The tourism industry contributed $136.3 billion to the Gross Domestic Product of India in 2013 which is around 2% of the GDP and employs almost 8% of the total employment in India. The industry has been growing at a compounded annual growth rate (CAGR) of 9.1% since 2007 and is expected to grow at 7-8% per annum during the period 2013-2023. This growth rate would put India at rank 3 during the next decade. The Industry is expected to contribute $255.4 billion to India’s GDP in 2023.

Sri Lanka has a most attractive biodiversity, heritage, culture, environment, wild life & climate for attracting the tourists. Also there is very valuable point in the Sri Lanka which is important to tourism related activity; tourist can travel to any place of Sri Lanka within maximum 24 hours. It is help to increase tourist arrival in Sri Lanka. 2011 Sri Lanka recorded 855,975 arrivals (Sri Lanka Tourism Development Authority, 2011). After 2009 after the gone 30 years war, Sri Lanka is achieving highest contribution for local economy trough tourism relation activity. All governments have identified that tourism industry is a most valuable drive for Sri Lankan Economy. Therefore they are giving more weight for that tourism industry’s development project. This incidence is most important for the all local community, organization, person who is engaging or part of the tourism industry. Sri Lanka at present new economic era is in a fast post-war recuperation way, and also Sri Lanka tourism industry is on thriving hurriedly. According to recorded statistics about the tourism industry, this sector`s contribution to the economic of the country`s GDP has increased from 2.7% in 2009 to almost 3% in 2010, this occurrence is remarkable and turning point to Sri Lanka tourism industry also country’s economy (ICRA,

Reliance Communications has established a pan-India, Next-Generation, integrated (wireless and wireline), convergent (voice, data and video) digital network capable of supporting best-in-class services, spanning the entire communications value chain, covering over 21,000 cities and towns and over 400,000 villages. Reliance Communications owns and operates the world’s largest Next-Generation IP-enabled connectivity infrastructure, comprising over 280,000 kilometers of fiber optic cable systems in India, the United States, Europe, the Middle-East and the Asia-Pacific region.

It has achieved a significant growth during few years. It is expected to show more growth in future as well.

Supermarket e-commerce stores that have altered business practice grow very fast. The popularity of online supermarket increases every year. Keynote’s study (as cited in Hand, Riley, Harris, Singh, and Rettie, 2009, p. 1205) explain that in 2006, the percentage of online supermarkets are higher approximately 35% than previous year. It could be that customers will shop online only in the future if the popularity of traditional stores go down. In addition, many supermarkets such as Walmart, Coles, and Giant are starting to build e-commerce. Online supermarket grow

The fast expansion of E-commerce is the most important recent trend in small business starts ups, it has helped firms to expand and create new businesses mush easier and faster than before as it has provided new ways of doing business.

Profession in travel and tourism gives gigantic chances to visit and investigate different destinations, their way of life and legacy. People usually gain insight from their travel encounters. To pursue a career in Travel and Tourism, sounds extraordinary to each adolescent as it enables an individual to tour worldwide and communicate with the other individuals. As indicated by the National Economic reports, currently, India spends just 0.97% of its GDP on Tourism against the International average of 3.8% however the industry contributes 6.9% to our GDP.

In the recent times, India has emerged to become one of the most attractive markets for mobile phone manufacturers. With a huge population, India possesses a comparatively high teledensity of 74.50 (according to the latest report published by TRAI on 12th March, 2014). Of the overall teledensity, Wireless forms a major part with a teledensity of 72.18. With a total of 893 million wireless subscribers, India has attracted the focus of all the major mobile phone manufacturers, considering an addition of 7.02 million wireless subscribers every month, on an average. On the other side, one can notice the decline in the number of Wireline subscribers which has reduced by approximately 0.17 million subscribers every month on an average. All these numbers clearly points out to the abundance of growth opportunities in the Indian mobile phone industry pertaining to almost all economic and social sectors.

The Indian telecommunications Network with 250m telephone connections is the fifth largest in the world and is the second largest among the emerging economies of Asia. Today it is the fastest growing market in the world and represents unique opportunities for UK companies in the stagnant global scenario.

India is today one of the world’s most promising markets, but for the telecom companies it is both promising and difficult. With at least 6 operators in each circle, the Indian market is extremely competitive. The customer is very demanding.