India expects to top $1.84 billion target from telecoms spectrum auction

NEW DELHI (Reuters) - India expects to exceed its budgeted target of about 113 billion rupees from a spectrum auction due next month, the telecoms secretary said on Wednesday.

The government received applications from eight companies including Reliance Industries and Bharti Airtel Ltd to participate in the auction, M.F. Farooqui said.

(Reporting by Devidutta Tripathy; editing by Malini Menon)