Swedish telecom equipment maker, Ericsson, will be making India a hub for exports to South East Asia West Asia and Sub Saharan Africa. Ericsson was the first telecom vendor to set up manufacturing operation in India in 1994 and now has added this export oriented facility.
India’s telecom equipment imports increased 20% to Rs. 74,116 crore last fiscal, according to the government data. These imports stood at Rs. 61,539.01 crore in 2012-13, while they were Rs. 74,116.21 crore in 2013-14, the data added.
In2014, India’s handset production more than halved from the previous year to 58 million. At a time when India is pushing its domestic manufacturing through Prime Minister Narendra Modi’s ‘Make in India’ pitch – and going the extra mile to promote the programme at the Davos summit – the sorry state of mobile handset production […]
The telecom department has asked network vendors to convince their global component suppliers to set up manufacturing lines in India, according to people familiar with the matter, a move that can help them comply with norms on local value addition.
India has proposed to set up three funds with a combined corpus of Rs.17,500 crore to boost local research and manufacturing of telecom products as it seeks to cut dependence on imports at a time when the current-account deficit has widened to a record and also to reduce security concerns posed by such imports, particularly […]
The country is estimated to have exported telecom equipment worth Rs 22,000 crore in 2012-13, the Telecom Equipment and Services Export Promotion Council (TEPC) said today.
