The telecommunication services have been recognised as an important tool for socio-economic development of a nation. It is one of the prime support services needed for rapid growth and modernisation of various sectors of the economy. India with a user base of 120 million is the world's third largest internet market and is poised to have up to 370 million users in 2015.
The Indian mobile phone market is highly competitive with more than 150 device manufacturers trying to woo the consumers with their offerings. Most of these producers focus their efforts on the low-cost feature phone market, which constitutes over 91 per cent of overall mobile phone sales, offering a huge scope for growth.
"India will add more Internet users than any country in the world over the next three years, as average penetration rises from 10 per cent to 28 per cent," as per McKinsey and Co report. Besides, with increased Internet penetration, 22 million jobs would be created by 2015.
This sector includes mobile manufacturers, its distributors, traders and repairers. Lunawat’s core cross-functional team comprises professionals from various fields including assurance, tax, regulatory, corporate finance and strategy who analyse client problems in a more holistic and detailed manner to enable us to provide need based services to clients in this sector.