India's largest telecom major, Bharti Airtel has set a target of $10-bn revenue by next year. The view was asserted by chairman and managing director, Bharti Enterprises, Sunil Bharti Mittal in the sidelines of a function, organized to launch new brand identity and logo of Bharti group. 

He said that Indian telecom sector has emerged as a strong sector and it is hardy impacted by slowdown. Indian telecom companies provide call services at very low prices and they are registering increase in volumes. Bharti Airtel is the largest telecom company of the country, having nearly 80 million customers. It contributes about 85% in the revenue of Bharti group.

Its retail segment is also making progress at a fast pace and is expected to cross 1,000-crore revenue mark in a short time. It has tied up with US based Wal-Mart for its foray into retail segment.

Mittal said that government should help the industry by reviewing tax slabs for telecom sector. The business of company has been impacted by global factors and depreciation of rupee in the recent time. He said that telecom would contribute about 50% of the group's revenue while next 50 percent would come from other businesses like retail, agri and food products and financial services.

The deputy CEO and joint managing director of Bharti Enterprises, Akhil Gupta said that 3G auction would complete at a fixed time as people of country are eagerly waiting for it and there is no liquidity crunch in the monetary system.