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Digital growth to create 100k new fiber tech jobs in India in five years

Business Standard LogoBusiness Standard4h ago

Digital growth to create 100k new fiber tech jobs in India in five years - Business Standard

Quick Summary:

The India Telecom Market is estimated at USD 48.61 billion in 2024, and is expected to reach USD 76.16 billion by 2029, growing at an annual rate of 9.40 per cent and as of 2023, about 7,00,000 kilometers of optical fiber cable has been laid across the country, significantly contributing to the expansion of digital infrastructure, he told PTI.

Rapid digital expansion, including broadband and 5G network is expected to create around 1 lakh new job opportunities in fiber installation, maintenance, and repair segments in the next five years, according to TeamLease Services Chief Strategy Officer Subburathinam P.

"The annual growth rate of employment in the fiber optic technician segment is largely driven by the rapid expansion of broadband and 5G networks in India.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 13:35:22 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 440 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23818816

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 255 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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