IMC 2020: PM Modi makes strong pitch to make India a global hub for telecom gear design, development and manufacturing

Kolkata: Prime Minister Narendra Modi called on the telecom industry to strive towards making India a global hub for network gear design, development and manufacturing by leveraging the near Rs 12,200 crore of sops recently approved by the government under the production-linked incentive (PLI) policy for telecom equipment.

“…it’s time to make India a global hub for (undertaking) design, development and manufacturing of telecom equipment,” Modi said speaking at a India Mobile Congress virtual event Tuesday. He also expressed optimism that India was on course to ring in the timely rollout of 5G networks and services, though he did not reveal specifics.