Bharti Airtel MD Gopal Vittal backs ‘another’ tariff hike; here’s what he said

Bharti Airtel Managing Director Gopal Vittal advocated for an industry-wide tariff hike, noting that returns on capital employed (ROCE) in India’s telecom sector remain low. In an earnings statement earlier this week, Vittal highlighted the telco’s strong balance sheet, driven by robust cash generation and ongoing debt reduction efforts. “At the same time, we believe that industry needs further tariff repair for sustained investments given that ROCE for India is still only 11 per cent,” he stated.