The document summarizes innovation opportunities in the telecom sector from an Indian perspective. It discusses India's rapid growth in cellular subscribers, with over 500 million subscribers in 2010. It also outlines the evolution of cellular technologies from 1G to 4G and opportunities for wireless broadband. Key factors in India like high user densities, rural connectivity challenges, and a price sensitive market were highlighted. The document promotes leveraging India's market for global standards development and identifies areas like cognitive radio, infrastructure sharing, and rural applications as promising opportunities.