What is the position of India in the world’s telecommunication market, as of March 2024?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. Second.
- As of March 2024, India is the world's second-largest telecommunications market.
- The country has a vast subscriber base and is one of the biggest consumers of data worldwide.
- The growth in the telecom sector is driven by the increasing adoption of 5G technology and the expansion of digital infrastructure.
- By March 2024, over 435,000 5G base stations had been established nationwide, facilitating the rollout of 5G services across major cities and towns.
- This expansion has enhanced data speeds and connectivity, contributing to India's position as a leading consumer of data globally.