You are here: Home » Companies » News
Business Standard

Telecom equipment imports at over Rs 39,000 cr in Apr-Dec

The country imported Rs 52,441.23 crore worth of telecom equipments in FY12

Press Trust of India  |  New Delhi 

India imported telecom equipment worth Rs 39,820.60 crore in the first three quarters of this fiscal as it lacks manufacturing capability for producing value-added products, Parliament was informed today.

The country imported Rs 52,441.23 crore worth of telecom equipments in the 2011-12 fiscal, Minister of State for Communications and IT Milind Deora said in a written reply to the Rajya Sabha.

"Presently, wireless equipment with sufficient value addition are not being manufactured in the country," he added.

To promote telecom equipment manufacturing in India, the government under its National Telecom Policy 2012 (NTP-2012) will create a corpus to promote indigenous R&D, IPR creation, entrepreneurship, manufacturing, commercialisation and development of products and services, the minister said.

"Provide preference to domestically manufactured telecommunication products in procurement of those telecommunication products, which have security implications for the country and in government procurement for its own use, consistent with our WTO commitments," Deora added.

In February last year, the government laid down a policy for providing preference to domestically manufactured electronic products in procurement.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, March 15 2013. 16:28 IST
RECOMMENDED FOR YOU
.