14-06-2013, 04:39 PM
PROJECT REPORT ON AN INDUSTRY ANALYSIS OF TELECOMMUNICATION SECTOR
TELECOMMUNICATION SECTOR.docx (Size: 707.49 KB / Downloads: 14)
EXECUTIVE SUMMERY
The telecom industry is the fastest growing industry in the Indian market. It has a customer abase of around 250 millions. The research was conducted to analysis the emerging trend and opportunity exist in the telecom sector.With this objective in the mind I have started the research. The research was descriptive in nature and a secondary data collection method was used. Indian telecom is more than 160 year old, beginning with the commissioning of the first telegraph line between Kolkata and diamond harbor in 1839. In 1948, India had only 0.1 million telephone connection with a telephone density of about 0.02 telephones per hundred populations. By 2010 there were 500 million telephone (including cellular mobile) connections in the country with a telephone density of 13.96 telephones per hundred populations.
ABOUT THE COMPANY
During June 1996, Devashih started as Devashish Investment, a family firm with partners Krishnakant Desai and His son Ashish Desai as partners. Senior Partner Krishnakant Desai had long experience as Accountant in Bardoli Sugar Factory and in Sardar Bagayat (co-operative Mandali).
Devashish Investments with a gallop start as Financial Advisors due to overwhelming support from surrounding residents of Bardoli areas was converted into Devashish Securities Pvt. Ltd. within three years.
Company has pleasure to introduce our selves as leading Investment counseling company in and around Bardoli. Our aim is full satisfaction of our valued Customers and our motto is “Service before self.
Devashish also have our two sister concern, Devashish Commodities Pvt. Ltd., and Devashish Advisory Services Pvt. Ltd. Devashish Commodities Pvt. Ltd. is approved recognized member of India’s only Multi-commodities Exchange(MCX), having rating of Asia’s third Commodity Exchange are operating in Surat, Songadh, Unai, Palsana, Bharuch, Ankleshwar & Kamrej.
Distribution
Mutual Funds
Insurance Life-non Life
Initial public offering (IPO)
With the objective of meeting all the investment needs of our clients, we provide distribution services of mutual funds and IPOs. We are an AMFI registered mutual fund distributor and are also registered with all the AMCs in India to sell the schemes offered by them. Our distribution network is backed by in-depth & comprehensive research and a strong team for marketing and sales support.
Devashish has a dedicated team exclusively for research on mutual funds and IPO. Company provides monthly publications on mutual fund activity and fund recommendations and also furnishes reports on New Fund Offers (NFO) and forthcoming IPOs’ recommendations. Our recommendations are objective and unbiased. For us, the client’s growth is the top priority.
Consistent delivery of high quality advice on mutual funds and IPO investment has established us as a competent and reliable distributor across the South Gujarat. We are also amongst the few investment firms that offer the facility to invest in mutual funds and IPO online, giving our clients freedom from paperwork and making investing convenient for them.
TELECOM INDUSTRY
The Indian telecommunications sector has been zooming up the growth curve at a feverish pace, emerging as one of the key sectors responsible for India's resurgent economic growth. It is the fastest growing telecommunication market in the world, and with 264.77 million telephone connections, is the third largest telecom market and the second largest among the emerging economies of Asia with an average growth of over 90%. In fact, India has achieved its target of reaching 250 million telephone subscribers by 2007, two months before time. Simultaneously, overall tele-density has increased to 23.21 percent. Today, the Indian telecom industry represents unique opportunities for U.S. companies in the stagnant global scenario. According to Broadband Policy 2004, Government of India achieves the target of 9 million broadband connections and 18 million internet connections in 2007. In the last 3 years, two out of every three new telephone subscribers were wireless subscribers. Consequently, wireless now accounts for 54.6% of the total telephone subscriber base, as compared to only 40% in 2003. Wireless subscriber growth has bypassed 2.5 million new subscribers per month in the 2007. The wireless technologies currently in use are Global System for Mobile Communications (GSM) and Code Division Multiple Access (CDMA). There are primarily 9 GSM and 5 CDMA operators providing mobile services in 19 telecom circles and 4 metro cities, covering more than 2300 towns across the country.