The Telecommunications Industry of India is one of the vast and leading industries in the world connecting different parts of the country through various modes like telephone, radio, television, satellite and internet. The Telecom Regulatory Authority of India governs this industry by providing a regulatory framework and favorable environment for its efficient operation. The Indian telecom industry stands as the second- largest in the world due to its rapid advancement and is in cut-throat competition with the telecom industries of the other developed countries. The telecommunication services offered by this industry are easily accessible at affordable prices to the customers of urban and rural areas of India. India’s telecom network encompasses a highly developed and unique technology in the world. This study has been conducted to depict the history, present trends and future opportunities in the Telecom Industry of India.