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Economy watch

Economy watch

The boom in the telecom industry has been driven, of late, by growing demand from rural India. But this has significantly squeezed ARPUs (average revenue per user), though telecos expect huge revenue gains after the rollout of 3G services.
Mobile subscriber base

Status:
296.08 million mobile subscribers (till July 31, 2008)

Impact: The boom in the telecom industry has been driven, of late, by growing demand from rural India.

But this has significantly squeezed ARPUs (average revenue per user), though telecos expect huge revenue gains after the rollout of 3G services.





Imports


Status:
Rs 3,05,265 crore during April-June 2008-09.

Impact: Over the last 2-3 years, most of the country’s imports—crude oil, gold, machinery and iron & steel—have seen a sharp spike in prices on account of th the unprecedented rise in global demand for these commodities.

Though increased imports, especially of capital goods, metals and crude, point to increased economic activity, expect trade deficit to widen further this year. And that may put some renewed pressure on the rupee.

Compiled by Manu Kaushik

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