India is now the second-biggest manufacturing hub for mobile phones due to heavy investment from original equipment manufacturers, original design manufacturers and companies dealing in components and parts, a new report showed on Tuesday.
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‘Trusted sources’: Government to amend telecom licence norms this week
March 09, 2021
Telcos to face ₹50 crore fine if they don’t abide by the new rules - Getty Images/iStockphoto
Telcos to face ₹50 crore fine if they don’t abide by the new rules - Getty Images/iStockphoto×
It’s yet unclear if Chinese firms will be allowed to participate
The Department of Telecommunications (DoT) is expected to come out with amendments to Telecom License norms for procuring equipment within this week. But, whether Chinese companies like Huawei or ZTE will be allowed to participate or not in the projects as part of its implementation, especially after the recently acquired spectrum by telecom service providers