Diabytes
Telecom products News
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The PLI schemes (Rs 1.97 lakh crore outlay) for 14 key sectors are driving manufacturing growth, as telecom equipment manufacturing surpassed Rs 50,000 crore in sales under the PLI scheme, according to latest government data.
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The decision came on the day the government rolled out Goods and Services Tax across the country.
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The government is targetting to increase exports of telecom products and services to USD 10 billion (about Rs 62,000 crore) in the next five years.
India has signed ITA 1 as a member of World Trade Organisation (WTO) in March, 1997 which, has finished off the electronics manufacturing industry in the country.
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