Categories: Business

India’s telecom equipment sector has $50 billion export potential, Niti Aayog highlights key hurdles

India’s telecom sector can significantly boost GDP and exports by 2030. However, heavy import reliance and low domestic value addition pose challenges. Critical components are largely sourced from China, creating supply chain vulnerabilities. Government policies aim to support local manufacturing and reduce import dependence. These efforts could transform the sector into a global manufacturing hub.

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2 months ago

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