Working Capital Management Practices of Telecom Companies in India

Abstract

The Telecom industry in India is the second biggest in the planet with a subscriber base of 1.17 billion. In February 2021, the number of broadband -subscribers rose to 765.1 million. The Government has emphasized reinforcing India’s domestic telecom manufacturing capacity. Efforts are additionally in progress to create a foundational network for 5G technology deployment in India. Working capital is the existence blood and operational hub of a business, which is exceptionally fundamental to keep up with the smooth running of business. Working Capital Administration is a significant part for each organization and firm. Its impact on profitability of 10 Indian Telecom companies listed in the National Stock Exchange for a period of five years from 2017 to 2021 are analysed.