Rapid digital expansion to create over 1 lakh new jobs in fiber tech in India in next 5 years

Rapid digital expansion, including broadband and 5G network is expected to create around 1 lakh new job opportunities in fiber installation, maintenance, and repair segments in the next five years, according to TeamLease Services Chief Strategy Officer Subburathinam P.

The India Telecom Market is estimated at USD 48.61 billion in 2024, and is expected to reach USD 76.16 billion by 2029, growing at an annual rate of 9.40 per cent and as of 2023, about 7,00,000 kilometers of optical fiber cable has been laid across the country, significantly contributing to the expansion of digital infrastructure, he told PTI.