Trends and Developments
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The payments ecosystem in India has changed dramatically over the past few years owing to the government’s Digital India initiative and its impetus to non-cash payments.
As expected, the Union Budget 2018 has provided an impetus to the Make in India initiative. In the telecom sector, it has increased the import duty on mobile handsets, the third hike since July 2017, and associated components.
These are testing times for Indian telecom operators. The entry of Reliance Jio Infocomm Limited (RJIL) and the resulting competition have taken a serious toll on operators’ bottom lines.
The need for affordable and high quality healthcare services across the country has prompted the healthcare industry to step up investments in information and communication technology (ICT) solutions.
Over the past year, enterprises in India continued on their digital transformation journey while several others joined the bandwagon.
The Telecom Regulatory Authority of India (TRAI) recently released its recommendations on net neutrality, bringing its long-drawn consultation on the subject to a close.
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