The demand for mobile handsets in India has grown by 20% to 180 million in 2011 as compared to 150 million for 2010, according to the Indian Cellular Association. The Minister of State for Communications & IT, Milind Deora informed the Rajya Sabha on Friday, that in value terms the demand stands at Rs. 38,200 crore in 2011, compared to Rs. 34,500 crore in 2010 a growth rate of 11%.
The Indian Cellular Association further estimates that the demand will slow down in 2012 and reach 200 million in volume term at a growth rate of 11%. In value term, the same will stand at Rs. 43,000 crore at a growth rate of 13%. By the year 2014, the demand is expected to reach 250 million in volume term and will stand at Rs 54,000 crore in value term, according to ICA estimates.
As per the data submitted to TRAI by Indian telecos, as of December 2011, India reported slightly more than 884 crore wireless connections (which also includes data card connections).