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"We have the advantage Western countries do not have. They have old systems while we can build new ones to suit our requirements," Anand said in his address at 'Telecom in India: opportunities and challenges' in Bangalore at the regional summit of Tele-management forum.
He said the systems designed for India's needs could also be exported and this would help firms become global players. "Firms will have to look at shifting from network centric to customer centric, besides improving on the delivery of quality of service," he said.
India is the second largest emerging market in Asia after China and the eighth biggest market in the world, he said.
Telecom industry in 2003 stood at $1.3 trillion, which included $1.05 trillion in telecom services and $250 billion in equipment, he said, quoting research firm Gartner that has predicted it to grow to $1.6 trillion by 2007.
Telecom equipment manufacturers association of India chairman N K Goyal said India needs to attract $80 billion in investments to achieve a subscriber base of 250 million in the next few years.