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| VOL XXVII | ISSUE 14 | 31 July 2026 | Previous Edition |
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Exclusive 15% Discount for ELCINA Members at SEMICON India 2026
An opportunity to be part of India's largest semiconductor industry event – and save while doing so. As a Partner Association of SEMI Global, ELCINA is pleased to offer its members an exclusive 15% discount on the prevailing registration rate for SEMICON India 2026.
Whether you are looking to exhibit, explore new business opportunities, or stay ahead of industry trends, SEMICON India 2026 offers an unmatched opportunity to engage with the global semiconductor ecosystem.
Supported under the India Semiconductor Mission, SEMICON India has emerged as the India's premier platform for business networking, technology showcase, partnerships, and investment opportunities. The event will be held from 17-19 September 2026 at Yashobhoomi (India International Convention & Expo Centre), New Delhi, and will bring together global industry leaders, policymakers, technology providers, manufacturers, startups, researchers, and innovators from across the semiconductor value chain.
Register early to avail the exclusive 15% ELCINA member discount
Explore exhibition opportunities: https://www.semiconindia.org/exhibitor/exhibit-now For registration, participation, or discount-related assistance, contact:
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  ELCINA Directory of Indian Electronics Industry 2025-26 
Companies committed to electronic hardware manufacturing with substantial value addition through production of components, subassemblies, parts, capital goods/machinery for manufacturing of electronics hardware, EMS providers, service providers such as quality/product testing as well as companies designing components and subassemblies are eligible for membership. Equipment companies from all segments of electronics (i.e., Consumer, Telecom, IT, Defence, Industrial, Medical and Automobiles) are welcome to join ELCINA membership once they commence manufacturing, assembling or designing activities in the country. All Payments through local Cheque/Draft favoring ELCINA Display Center 
ELCINA has recently renovated its Display Center to meet the changing environment of the Industry. Small size Display booths are made to accommodate more and more companies. Contact: saly@elcina.com |
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An incredible two days at the 15th Strategic Electronics Summit 2026 BIEC, Bengaluru | 23-24 July 2026
The 15th Strategic Electronics Summit 2026, organised by ELCINA, concluded successfully at the BIEC, Bengaluru, bringing together policymakers, the Armed Forces, industry leaders, researchers, startups, and academia to discuss the technologies that will define the future of India's defence and strategic electronics ecosystem. We were honoured to welcome Shri D.K. Shivakumar, Hon'ble Chief Minister of Karnataka, along with the Guests of Honour: Shri M. B. Patil, Hon'Grand Minister for Large & Medium Industries, Commerce & Industries, Karnataka; Lt Gen Rajiv Sahni, AVSM, VSM, PhD, DG EME Indian Army; Dr. B. K. Das, DS & DG, ECS, DRDO; Shri Sushil Pal, JS, MeitY, Government of India; Mr. Manoj Jain, CMD, BEL; and Dr. Rajkumar Upadhyay, CEO, C-DOT. Also present were Dr. Sasikumar Gendham, Ph.D., President, ELCINA, and Mr. Richard Puthota, Senior VP, ELCINA, and Sr Director – Business Dev., MacDermid Alpha Electronics Solutions. A key highlight of the event was the release of the ELCINA-EY report, Strategic Electronics for Defence & Aerospace 2026, which analyses the changing nature of the modern battlefield, the growing role of strategic electronics, and India's position in this rapidly evolving landscape. Another important release was the ELCINA-Bain & Co white paper, India's Defense Sensor Ecosystem, which explores how India can unlock domestic capabilities in this critical high-tech domain. Strategic Electronics Summit 2026 also hosted the 7th Defennovation Awards and unveiled the ELCINA-Counterpoint Report on the Indian Surveillance Market. Bharat Security Expo, an exclusive industry platform dedicated to internal security, was co-located with the Strategic Electronics Summit and showcased cutting-edge technologies addressing India's evolving internal security needs. A sincere thank you to all our speakers, exhibitors, partners, delegates, and participants for making this edition a resounding success. We look forward to welcoming you to the 16th Strategic Electronics Summit in 2027 – bigger, broader, and even more impactful. See you in Bengaluru in 2027! 16th Strategic Electronics Summit 2027
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India's Skyroot launches Vikram-1 in first private orbital rocket mission Reuters | 18 July 2026 Skyroot Aerospace successfully launched Vikram-1, India's first privately developed orbital rocket, from Sriharikota on its maiden Mission Aagaman, placing multiple payloads into a 450 km orbit. The 22-metre, three-stage rocket with a 3D-printed liquid engine marks India as the third nation to achieve private orbital launch capability. Founded in 2018, Skyroot – now valued at $1 billion – plans further test flights before commercial missions. The launch reflects India's 2020 space sector liberalisation and ambition to grow its $8 billion space economy to $44 billion by 2033, amid rising global small satellite market competition. Govt approves Rs 1,012-crore electronics manufacturing clusters in Tamil Nadu Moneycontrol | 22 July 2026 The Indian government is boosting electronics manufacturing with two new EMCs in Tamil Nadu – Manallur (474.3 acres, ₹587.47 crore) and Pillapaikkam (379.3 acres, ₹424.55 crore). Since 2014, electronic output has grown 7-fold, with 99.2% of mobile phones made locally and exports up 11-fold. The ₹1.64 lakh crore Semicon India Programme (2022) supports fabs and 12 projects across six states. India is also advancing AI via 58 AI-CoEs, LLM and SLM development, and the Indo-US Pax Sillica initiative for AI compute and R&D. Govt greenlights ₹1,012 crore electronics manufacturing clusters in Tamil Nadu The Economic Times - Manufacturing | 22 July 2026 The Union government approved two Electronics Manufacturing Clusters in Tamil Nadu – Manallur (474.3 acres, ₹587.47 crore) and Pillapaikkam (379.3 acres, ₹424.55 crore) – with a total outlay of ₹1,012 crore to boost hardware production. India's electronic goods output rose sevenfold to ₹13.11 lakh crore in 2025-26, with mobile production surging 33 times and exports 165 times. The sector supports 25 lakh jobs, with 99.2% domestic mobile manufacturing. Tamil Nadu also gains semiconductor design support, 61 talent institutes, and two AI Centres of Excellence under national deep-tech initiatives. India's electronics manufacturing grows sevenfold to ₹13.11 lakh crore, creates nearly 25 lakh jobs: Govt The Economic Times - Manufacturing | 23 July 2026 India's electronics manufacturing sector has grown nearly seven-fold from ₹1.9 lakh crore in 2014-15 to ₹13.11 lakh crore in 2025-26, employing 25 lakh people. Exports rose from ₹38,000 crore to ₹4.24 lakh crore, driven by mobile phones, now 99.2% domestically made and the top export item at ₹2.59 lakh crore. Government initiatives like PLI, FDI, and tax reforms boosted growth. Tamil Nadu gained major clusters, while semiconductor manufacturing and design projects worth ₹1.64 lakh crore and talent development across 315 institutes are underway. 'Made in India' phones go global: Smartphone exports jump 165 times to Rs 2.59 lakh crore The Times of India | 29 July 2026 India's electronics manufacturing sector has grown sharply over the past decade, with mobile phone exports jumping 165 times from ₹1,500 crore in 2014-15 to ₹2.59 lakh crore in 2025-26. Domestic production rose 33 times to ₹6.27 lakh crore. Overall electronics output expanded sevenfold to ₹13.11 lakh crore, while exports climbed 11 times to ₹4.24 lakh crore. The Semicon India Programme and its upgraded Semicon 2.0 aim to boost semiconductor fabs, packaging, and chip design, with Micron and Sahasra producing memory chips domestically.
Revised TEC Standards Notified for Telecom and Quantum Technologies The Department of Telecommunications has notified revised Telecommunication Engineering Centre (TEC) standards covering network management systems, micro duct optical fibre cables, quantum-safe cryptographic systems, and Quantum Key Distribution (QKD) systems. The updated standards take effect immediately and are intended to support the deployment of secure, next-generation telecom infrastructure and emerging quantum communication technologies. Ministry of Communications, Department of Telecommunications, Telecommunication Engineering Centre | CG-DL-E-22072026-274716 | 17 July 2026 DoT Notifies Telecom eServices Portal for Digital Authorisation Processes The Department of Telecommunications (DoT) has officially notified the Telecom eServices Portal as the designated digital platform for implementing the Telecommunications (Authorisation for Telecommunication Network) Rules, 2026. The portal will serve as the single online interface for processing applications and other regulatory procedures under the new telecom authorisation framework. Ministry of Communications, Department of Telecommunications | CG-DL-E-22072026-274693 | 20 July 2026 Telecommunications Authorisation Rules, 2026 Notified The Department of Telecommunications has notified the Telecommunications (Authorisation for Telecommunication Network) Rules, 2026, establishing a unified framework for granting authorisations to telecom network and infrastructure providers under the Telecommunications Act, 2023. The rules prescribe eligibility criteria, application procedures, fees, validity periods and operational conditions for various service providers, while introducing key requirements on data localisation, trusted telecom equipment procurement, security compliance and foreign investment, aimed at streamlining the telecom regulatory framework. Ministry of Communications, Department of Telecommunications | CG-DL-E-22072026-274689 | 20 July 2026 US Imposes New Section 301 Tariffs over Forced Labour Concerns The Office of the United States Trade Representative (USTR) has imposed new Section 301 tariffs on imports from 60 economies, citing inadequate measures to prevent goods made with forced labour from entering their markets. India has been assigned a 10% tariff rate under the new framework, while some countries face higher duties of 12.5%. The tariffs apply to most imports, with certain products remaining exempt under existing trade provisions. 23 July 2026 Implementation of BIS Registration Requirement for Television Sets Deferred The Ministry of Electronics and Information Technology (MeitY) has extended the implementation date for the Compulsory Registration Order (CRO) covering television sets from 26 July 2026 to 26 January 2027. The extension delays the mandatory compliance requirement under IS 18112:2022 by six months, providing manufacturers and importers additional time to meet the BIS certification requirements before the order comes into effect. MeitY | CG-DL-E-29072026-274919 | 26 July 2026 Export Policy Aligned with Finance Act, 2026 Tariff Changes The Directorate General of Foreign Trade (DGFT) has amended Schedule-II (Export Policy) of ITC (HS) 2022 to align export classification codes with the changes introduced under the Finance Act, 2026. The notification updates tariff lines across multiple product categories through the addition, deletion, renaming and reclassification of export codes, ensuring consistency between India's export policy and the revised customs tariff framework. Ministry of Commerce & Industry, Department of Commerce, DGFT | NOTIFICATION No. 26/2026-27 | 27 July 2026 US Imposes Preliminary Countervailing Duty on Graphite India Exports The US Department of Commerce has imposed a preliminary countervailing duty of 3.68% on imports of large diameter graphite electrodes from Graphite India after a preliminary finding of subsidisation. While the duty could increase landed costs and affect the company's competitiveness in the US market, Graphite India has stated that the financial impact cannot yet be quantified as the investigation is still ongoing and the determination is not final. 28 July 2026 Value Limit Removed for Exports Through Courier Services The Directorate General of Foreign Trade (DGFT) has amended the Foreign Trade Policy to remove the ₹10 lakh per consignment value limit for exports through registered courier services. Effective 1 April 2026, exporters can ship consignments of any value through courier mode, subject to applicable Customs provisions and the export policy under the ITC (HS), simplifying export procedures and facilitating higher-value shipments. Ministry of Commerce and Industry, Department of Commerce, DGFT | CG-DL-E-29072026-274914 | 29 July 2026
General India Semiconductor Mission 2.0: Centre not keen on covering tech transfer, land costs under new chip scheme The Indian Express | 17 July 2026 India's ISM 2.0, with an outlay of ₹1.27 lakh crore, shifts focus from just fabs to the broader semiconductor ecosystem – supporting equipment, specialty gases, chemicals, and materials with incentives of up to 30%. Industry leaders say this phase could cut import dependence and nurture local suppliers if policies mandate ecosystem participation. Opportunities include local refurbishment of semiconductor tools and developing domestic infrastructure and consumables. Projects like INOX Air Products' ₹500 crore gas hub in Dholera reflect this push towards a self-reliant semiconductor supply chain. ISM 2.0 puts India's chip supply chain in spotlight The Economic Times | 18 July 2026 India's Rs 1.27 lakh crore ISM 2.0 aims to boost domestic semiconductor supply chains by incentivising equipment, specialty materials, gases, and chemicals with up to 30% support. Industry leaders stress that mandating local ecosystem participation, including refurbished-tool operations and partnerships with Indian suppliers, is critical for capex to benefit domestic firms. Projects like INOX Air Products' Rs 500 crore gas hub in Dholera highlight this shift. Experts say ISM 2.0 can reduce import reliance, empower MSMEs, and position India as a global semiconductor partner. PLI schemes attract Rs 2.40 lakh crore investment, generate over 14.15 lakh jobs: Jitin Prasada Moneycontrol | 21 July 2026 Minister Jitin Prasada informed the Lok Sabha that PLI schemes across 14 sectors with an outlay of ₹1.91 lakh crore have boosted domestic manufacturing, exports, and jobs. Mobile phone output rose 2.4 times, with 99.2% now made in India, and imports down 77%. Pharma sales crossed ₹3.64 lakh crore, enabling 1,931 products and 55,000 MT API capacity. Solar PV led investments at ₹64,873 crore. Food products created 3.29 lakh jobs, while electronics, pharma, and auto sectors saw major investments and employment growth. India and Myanmar signal closer rare earth mining ties Reuters | 23 July 2026 India is deepening rare earths cooperation with Myanmar to secure alternatives to China's dominance. Ambassador Abhay Thakur, speaking at a Mandalay mining forum, highlighted visits by Indian delegations in December 2024 and February 2026, and President Min Aung Hlaing's recent India visit. Nearly half of global heavy rare earths come from Myanmar's Kachin state, mostly processed in China. Indian firms like IREL, NTPC Mining, Himadri, and PrNd Metal & Magnets are engaging, eyeing sustainable, mutually beneficial mining opportunities.
Semiconductors Tata Electronics to launch India's first chip fab using older technology Business Standard | 17 July 2026
Tata Electronics To Launch India's First Legacy Chip Fab Businessworld | 17 July 2026 India is set to boost semiconductor self-reliance as Tata Electronics establishes the nation's first commercial fabrication plant for mature-node chips (28nm and above). Backed by the Rs. 76,000 crore India Semiconductor Mission, the facility will reduce import dependence, strengthen supply chain resilience, and support domestic electronics manufacturing. With over 70% of global semiconductor demand in legacy technologies, experts see this as economically sound. The plant will create high-skilled jobs, promote ancillary industries, and attract foreign investment amid rising domestic demand projected to reach USD 100 billion by 2030. How 5 professors and 2 PhD scholars built a chip India couldn't afford to import India Today | 25 July 2026 A team of five professors and two PhD scholars at IISc Bengaluru spent 15 years developing Gallium Nitride (GaN) semiconductor technology when India lacked chip infrastructure. Their persistence led to AGNIT Semiconductors, the country's first vertically integrated GaN startup, backed by MeitY. Initially a research effort with uncertain prospects, their work now supports India's defence, telecom, consumer electronics and electric mobility sectors. Emerging during a global chip crisis and India's semiconductor push, AGNIT represents a strategic breakthrough in reducing dependence on foreign technologies.
Information Technology Indian IT firms revive hiring, but AI talent shortage slows rebound Business Standard | 17 July 2026
AI intensifies pricing war among IT services firms Mint | 27 July 2026
Consumer Electronics Samsung cuts hundreds of jobs in US; shifts headquarters from New Jersey to Texas The Times of India | 19 July 2026
Apple's India iPhone boom hits first speed bump in four years Mint | 27 July 2026
Samsung foldables now account for over 20% of flagship sales in India, says Southwest Asia CEO The Economic Times | 28 July 2026 Samsung's foldable smartphones now account for over 20% of its flagship sales in India, with adoption rising as consumers embrace new form factors, said Samsung Southwest Asia CEO J B Park. The India-made Galaxy Z8 series marks its eighth-generation foldables. 65% of premium sales now come from tier-2, tier-3, and rural areas, which are growing faster than metros. Samsung is offsetting inevitable price hikes from global chip shortages with interest-free EMIs up to 30 months, while absorbing costs to keep price increases lower than competitors.
Telecom Telecom subscriber base rises to 1.3 bn in June, Airtel leads growth: TRAI Business Standard | 28 July 2026
Scindia announces India's first Telecom Manufacturing Zone in Gwalior Business Standard | 29 July 2026 Union Minister Jyotiraditya Scindia announced India's first Telecom Manufacturing Zone (TMZ) in Gwalior to boost indigenous telecom manufacturing, data centres, and chip production. The DoT and Madhya Pradesh government will sign an MoU for Phase I. The TMZ aims to create a plug-and-play ecosystem, driving investment, innovation, and 6G leadership. India seeks a role in ITU and 3GPP standards. The 10th Indian Mobile Congress (October 7-10, 2026) themed "Scale without Boundaries" will host 150,000 attendees, 300 exhibitors, and global telecom leaders.
EV's & Auto Electronics India crosses 52,000 public EV charging stations, ramps up infra push The Economic Times - Auto | 22 July 2026 India now has 52,718 public EV charging stations, including 16,561 fast chargers, Minister Bhupathiraju Srinivasa Varma informed Parliament. To reduce range anxiety, the government allocated ₹912.50 crore under FAME-II and ₹2,000 crore under PM E-DRIVE for charging infrastructure. EV car incentives come via the PLI Auto Scheme offering 13-18% incentives. FAME-II (₹11,500 crore) supported 16.72 lakh EVs and 5,197 buses. PM E-DRIVE (₹10,900 crore) targets 28.3 lakh EVs and upgraded charging networks, with charging station installation made an unlicensed activity. Premium car buyers drive EV, hybrid shift as high-margin segment goes electric The Economic Times | 26 July 2026 Nearly half of premium cars priced above ₹30 lakh in India registered in 2026 are electrified – battery electric, hybrid, or plug-in hybrid – up sharply from 10% three years ago. Luxury buyers now prioritise technology, sustainability, and total ownership cost over petrol versus diesel. Carmakers like Mercedes-Benz and Volvo are revising strategies as EVs become primary household cars. While better models and consumer confidence drive adoption, charging infrastructure and low residual values remain key hurdles to faster growth in India's luxury EV market. Maruti emerges top EV exporter in Q1, claims 97% share in total EV shipments from India The Hindu | 29 July 2026 Maruti Suzuki India Ltd, which forayed into the electric vehicle (EV) segment last year, emerged as the leading EV exporter in Q1 FY27. The company shipped 15,210 units between April and June, accounting for 97% of India's total EV exports. Overall, the country exported 15,641 EVs during the period, according to industry data. Despite the domestic EV market being dominated by Tata Motors and Mahindra, Maruti Suzuki has taken a commanding position in the export segment this quarter. India's EV penetration rises to 8.26%, registered electric vehicles cross 1 crore Moneycontrol | 31 July 2026 India's EV penetration rose over 11-fold from 0.71% in FY20 to 8.26% in FY26, with total EV registrations crossing 1 crore as of July 26, 2026. Nitin Gadkari told Parliament that lower running costs and zero tailpipe emissions are driving adoption. India had 52,718 public charging stations by March 2026, supported by FAME-II (₹912.5 crore) and PM E-DRIVE (₹2,000 crore). NHAI plans wayside amenities with charging points every 40-60 km on highways, alongside fuel stations, eateries, parking, and basic facilities.
Defence & Solar Weeks after rollout, Centre defers domestic solar cell sourcing mandate till December 31 The Indian Express | 19 July 2026 The MNRE has temporarily exempted domestic, commercial, and industrial solar projects from the mandatory domestic cell sourcing rule until 31 December, extending the earlier 31 May deadline by seven months. Projects that have progressed with land, finance, or connectivity may get case-by-case extensions to safeguard investments. India's module manufacturing capacity is 200 GW annually, but cell capacity is only 30 GW, forcing reliance on imports. The exemption eases pressure on smaller, non-integrated module makers while allowing domestic manufacturers to adapt to ALMM-II. Army seeks indigenous drone-radars to see through dense foliage The Economic Times | 27 July 2026 The Indian Army plans to procure indigenous drone-mounted foliage-penetration radars to track terrorist movement in dense forests, crucial for counter-insurgency in J&K and the North East. The Make II project requires industry-funded R&D, with the army committing to buy systems meeting specifications. The radars must fit lightweight drones (≤20 kg), fly 60-120 minutes, cover 5-10 km, and provide real-time secure data. At least 60% indigenous content is mandated, with several Indian firms and foreign partners developing the technology.
MSME Recurring West Asia tensions force MSME exporters to prioritise resilience over cost savings The Economic Times | 22 July 2026 Renewed West Asia tensions are straining Indian exporters with shipping delays, high freight costs, and supply chain disruptions, hitting MSMEs hardest. Contributing 48% to exports, MSMEs face shrinking margins as rising input costs, freight rates, and insurance premiums offset rupee depreciation benefits. Experts warn that global trade is now structurally unpredictable, requiring resilience alongside cost efficiency. Limited market diversification, working capital constraints, and low bargaining power leave smaller exporters vulnerable, making logistics flexibility and strategic risk management critical for sustaining competitiveness. MSMEs may get their payments faster as new bill aims to cut delays Mint | 28 July 2026 The Centre has introduced the MSME Development (Amendment) Bill, 2026 to curb delayed payments and simplify dispute resolution for smaller businesses. The bill mandates government buyers to pay MSMEs via TReDS platforms, removes minor penalties, and empowers states to create more MSE Facilitation Councils for quicker grievance handling. Central PSUs must now clear MSME invoices only on TReDS, with five RBI-approved platforms in use. The move aligns with FY27 budget measures to boost receivables financing, benefiting a sector contributing 31.1% of GDP and 48% of exports.
UPCOMING EVENTS & GENERAL INFORMATION DOMESTIC EVENTS
OVERSEAS SHOWS
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Tata Electronics is set to produce India's first semiconductor wafers at its upcoming Dholera fab using mainly 90nm technology, a mature node suited for automotive and industrial uses. This marks a more modest start than the 28nm goal highlighted in Tata Sons' 2025 report. Partnering with Taiwan's PSMC, Tata will gradually move from 90nm and 55nm to 28nm chips. The ₹10.7 billion project aligns with India's $23 billion semiconductor incentives, reflecting early challenges in infrastructure, technology, and talent as the nation builds a domestic chip industry.
India's IT hiring is rebounding but in a selective, AI-focused manner. Mass recruitment has given way to targeted hiring of professionals skilled in AI, generative AI, cloud, and data engineering, as enterprise AI demand rises. Naukri's June 2026 JobSpeak report shows AI hiring up 16% year-on-year, even as overall IT listings fell 3%. Firms like TCS, Infosys, Wipro, HCLTech, Tech Mahindra, and LTIMindtree are prioritising capability-led, skills-first recruitment, favouring industry-ready AI talent over traditional qualification-based hiring models to drive business-focused innovation.%20training.jpg)
AI-driven automation is creating intense pricing pressure in IT services, particularly in coding and application maintenance, leading to 4-5% annual declines in contract renewals and up to 5% AI-driven revenue deflation. Companies like TCS and Wipro are reskilling staff and utilising bench employees to offset lower billing rates, while clients demand that productivity gains reduce costs. Strategic approaches differ: Wipro and TCS face margin squeezes, whereas Tech Mahindra avoids deep price cuts and saw margin gains, highlighting uneven profitability amid competitive AI-driven market shifts.
Samsung Electronics has cut hundreds of jobs in the US as it relocates its headquarters from New Jersey to Texas. About 739 roles in Englewood Cliffs and 100 in Plano were affected, with some employees offered relocation packages while others were laid off. The move aims to boost collaboration within Texas's tech and AI ecosystem. Rising costs and tough competition challenge Samsung's consumer electronics division, even as its chip business thrives. Employees fear further restructuring and potential consolidation of mobile, appliance, and home entertainment units.
Apple faces constrained iPhone 17 supplies in India amid rising memory chip costs and renegotiations with suppliers, delaying shipment normalisation until 2028. While Mac and iPad prices rose in June, iPhone prices remain unchanged, though retailers expect hikes soon. India's smartphone market is projected to decline 12-15% in 2026 to about 130 million units, its weakest since 2018, due to longer replacement cycles and economic pressures. iPhone demand stays resilient, with Apple forecast to sell 15 million units, up slightly from 2025, but growth is slowing sharply.
India's telecom subscriber base rose marginally to 1.348 billion in June 2026, driven mainly by Bharti Airtel and Reliance Jio, which together added 5.45 million users, accounting for 87% of total additions. Airtel gained 3.16 million subscribers, while Jio added 2.29 million. Overall net addition stood at 6.2 million, with wireless connections reaching 1.3 billion. Vodafone Idea added 163,000, BSNL 94,000, and MTNL lost 11,284 users. Wireline subscribers fell to 47.8 million, mainly due to BSNL losses. Broadband users increased to 1.0875 billion, led by Jio (532.2M) and Airtel (379.9M).
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