An introduction to the Indian tower market
With the Indian telecoms market poised for continued growth, the tower industry stands ready to support it with the world’s lowest capex costs and healthy tenancy ratios
The Indian tower market has been growing and evolving steadily since its creation in 2007. With operators keen to cooperate to achieve rapid growth and with its unique reliance on local raw materials, the Indian tower market continues to support the telecoms industry with operational excellence at a competitive price as they make the most of new spectrum. It’s also helping operators to meet environmental targets set by the government as India continues the push towards 4G and connected cities.
Tower counts and telecom infrastructure coverage
With an estimated 400,000 towers, the Indian telecom industry is the world’s second largest and continues to grow rapidly; to date, India has more telecom towers than the USA (~300,000), is second only to China (~1mn towers) and has 800 million mobile connections.