Find Out How These 3 Big Indian Manufacturing Companies Are Sculpting Indian Telecom Sector
Telecom Towers Market size is expected to raise remarkably. With the slowdown in world economic growth, the Telecom Towers industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Telecom Towers market size to maintain the average annual growth rate of % from million USD in 2015 to million USD in 2021, BisReport analysts believe that in the next few years, Telecom Towers market size will be further expanded, we expect that by 2025, The market size of the Telecom Towers will reach million USD.
Indian Telecom operators get another major relief soon. The Indian government is currently looking for ways to settle ongoing legal cases with the telcos outside of the court. “The scheme is aimed at offsetting the huge import of telecom equipment worth more than ? 50,000 crore and reinforce it with “Made in India” products both for domestic markets and exports,” Telecom Minister Ravi Shankar Prasad said in a media briefing after a cabinet meeting. The scheme outlay is for a period of five years. Below are few Telecom tower manufacturing companies affected by the relief by the government
Salasar Techno Engineering Ltd
Salasar Techno Engineering Ltd. incorporated in 2007, is the largest manufacturer of Telecom Towers in India. It provides 360-degree solutions by carrying out engineering, designing, fabrication, galvanization, and deployment. Salasar Techno Engineering Limited’s services include providing complete engineering, procurement, and control for projects such as Rural Electrification, Power Transmission Lines, and Solar Power Plants. In the year 2006, Salasar started out as a tower manufacturer with the vision of transforming the industry. Tower manufacturers rarely provided multiple solutions under one roof. Salasar sought to fill this gap by aspiring to become a one-stop shop for India’s telecom giants by carrying out engineering, designing, procurement, fabrication, galvanization and EPC less than one roof. Owing to their persistence, expertise, and capability to work wonders with steel, today they are no longer confined to towers and have expanded our range of products and services to encompass all the infrastructural needs of a rapidly developing nation.
Indus Towers Limited
Indus Towers Limited is formed by the merger of Bharti Infratel Limited and Indus Towers. This combined strength makes Indus one of the largest telecom tower companies in the world. Enabling communication for millions of people daily, Indus will continue to provide affordable, high-quality and reliable services for the growing network connectivity needs of India. Indus Towers Limited has over 180,997 towers and 325,355 co-locations (as on 30th June 2021) and a nationwide presence covering all 22 telecom circles. Indus’ leading customers are Bharti Airtel (together with Bharti Hexacom), Vodafone Idea Limited and Reliance Jio Info comm Limited, which are the leading wireless telecommunications service providers in India by revenue. The Company is committed to truly living its credo of Putting India First and Connecting Lives across the Nation.
GTL Infrastructure Ltd
(GTL Infra) is a pioneer in the Shared Passive Telecom Infrastructure in India. They deploy, own and manage telecom towers and communication structures that are shared by the Wireless Telecom Operators. With a portfolio of about 28,000 towers located across all the 22 Telecom Circles in India, GTL Infra has emerged as India’s largest independent and neutral Telecom Tower Company. Their business model of infrastructure sharing enables the Telecom Operators to convert their capital expenditure to a fixed and predictable operational expenditure, allowing them to divert precious capital towards core activities. Their revenues arise under long term (5-10-15 years) contracts with the Wireless Telecom Operators. Contracts are renewable upon expiry of the term, at the option of the Telecom Operators.