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Seconded European Standardization Expert in India

India to deploy Rs.17,500 crore to boost local telecom products

India to deploy Rs.17,500 crore (2.5B EUR) to boost local telecom products. 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 from China. The government will initially allot Rs.5,000 crore to the Telecom Research and Development Fund, Rs.2,500 crore to the Telecom Entrepreneurship Promotion Fund and Rs.10,000 crore to the Telecom Manufacturing Promotion Fund during the 12th Five-year Plan ending March 2017. Read More

Latest News

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Policy

 

DPIIT is considering making the Bureau of Indian Standards (BIS) as the certifying and enforcing authority for lighters.Read more

Ministry of Housing and Urban Affairs launches 2 key initiatives – City Finance Rankings and City Beauty Competition, to take India’s Urban Rejuvenation journey to next level. Read More

Artificial Intelligence to act as catalyst in India’s transformation into a developed nation by 2047: Union Minister of Commerce and Industry. Read more

Cabinet approves modifications in scheme for development of semiconductors and display manufacturing ecosystem.Read more