HFCL, a domestic telecom gear company, announced on Tuesday that it has secured an order worth Rs 179 crore from BSNL to supply 4G and 5G network equipment. Out of this, Rs 141 crore is for capital expenditure and annual maintenance contract. The company will provide products and services crucial for supporting BSNL s 4G and 5G network requirements, including planning, surveys, installation, testing, commissioning, and maintenance of microwave links.
Advanced Micro Devices, or AMD, has partnered with Indian 4G and 5G equipment makers to offer telecommunications solutions in the country where it has 10,000 employees working on research and development, validation, software development and chip architecture design. AMD will invest $400 million in India over the next five years.
In the list of recommendations on ‘Promoting Networking and Telecom Equipment Manufacturing in India released by the sector regulator on Saturday, it has also suggested the introduction of local value addition norms in performance linked incentives scheme (PLI scheme), tax relief as part of fiscal incentives, and setting up a dedicated master fund towards to address the relative cost disability faced by the industry, among others.
Telecom Regulatory Authority Of India: “It has been recommended that Government should follow a nudge approach and Telecom Service Providers (TSPs) should be incentivised to deploy indigenously manufactured equipment by reducing their Applicable Gross Revenues on annual net basis, by an amount equivalent to the aggregate certified value of indigenous NATE deployed in respective telecom networks during a financial year,” Trai said.