India, April 11 -- The Economic Survey 2025 suggests India has become the second-largest telecommunications market globally, with over 1.18 billion telephone subscribers and 941 million broadband connections as of October 2024. This remarkable expansion in telecom infrastructure has played a crucial role in accelerating the growth of Internet of Things (IoT) services across the country.

India's telecom industry has experienced remarkable growth, culminating in a rapid transition to 5G technology. By October 2024, the average monthly data consumption per wireless user reached 21.2 GB, with the number of 5G Base Transceiver Station sites crossing the 4.6 lakh mark to meet the growing demand. This swift expansion elevated India's global mob...