(LOVE) Country Research Project - Country - India - Industry - Mobile Paper

(LOVE) Country Project - Country - India - Industry - Mobile Telephone - Research Paper Example V. Narasimha Rao to initiate the liberalization and globalization process in full swing to put the country in high growth trajectory. That was indeed a turning point of the country. The state behemoth BSNL was the only service provider in the public sector and landline was the only available way of communication to the people. The people of the country had to wait several years to get BSNL landline connection as wait-list was fairly long and state resources were not enough to meet the investment needs of the country. In the wake of economic liberalization process, India suddenly became lucrative and telecommunication was earmarked as one of the thrust area. The government introduced National Telecom Policy in 1994 that defined certain objectives and also recognized the fact that the government does not have enough resources to meet the desired objectives. In 1995, the government of India decided to setup an independent regulatory body called TRAI (Telecom Regulatory Authority of India). The purpose was to regulate and spearhead the growth and investment in the field of telecommunication and formulate all policy matters striking a balance between users and industry. India is a second largest country in the world in terms of population. As per the latest census, population of the country has crossed 121 billion marks and that offers huge telecom market in the making. Administratively, the country is divided into 28 states and seven union territories. On religious composition, 80.5 percent of the population follows Hindu religion. Muslims constitute almost 13.4 percent of the population as the largest minority community. Christians constitute almost 2.3% of the population. India is also a land of many languages; however, Hindi is understood and spoken by a large section of the society. Most of the educated classes of the people understand