Why in the news ?
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In a bid to push local manufacturing of telecom gear, TRAI recommended that India aim for ‘net zero imports’ of telecom equipment by 2022.
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It also mooted setting up of a Rs.1,000 crore fund for promoting research and innovation in the sector.
Details
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The recommendations aimed at enabling Indian telecom equipment manufacturing sector to transition from an import-dependent sector to a global hub of indigenous manufacturing.
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In this regard TRAI asked Telecom Equipment Manufacturing Council (TEMC) to identify and recommend specific areas of priorities.
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The import of telecom instruments was far greater than the export of such item.
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According to data available, the export of ‘telecom instrument’ stood at $1201.7 million, while imports totalled $2,1847.92 million in 2017-18.
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The regulator has suggested that the progress of indigenous telecommunication equipment manufacturing be monitored by Department of Telecommunications (DoT).
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It also said a dedicated unit (within the department) be made responsible for facilitation of manufacturing related activities.
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It has also emphasised that indigenous products be given preference in all public telecom network for security reasons under preferential market access policy.
TRAI
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Established in 1997 by an Act of parliament to regulate telecom services. An independent regulator
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Its mandate is to deliver a fair and transparent environment for fair competition in telecom market.
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TRAI also fixes or revises the tariffs for telecom services in India.
Source
The Hindu.