1 year ago

Govt Considers Easing Telecom Norms: GX Group Flags Import Risks

Govt Considers Easing Telecom Norms: GX Group Flags Import Risks
As govt mulls easing norms for local telecom gear makers, GX Group flags import surge risk · livemint.com

The government is thinking about making it easier for companies to make telecom equipment in India.

This means they might change the rules about how much of the equipment needs to be made in India.

One company, GX Group, is worried that if the rules get too relaxed, it could lead to more equipment being imported from companies that aren't trustworthy.

They want the government to be careful and make sure that if they do relax the rules, it's done in a way that helps Indian companies grow, encourages them to do research in India, and makes sure foreign companies invest in the country.

The government is asking different companies for their opinions on this.

Key facts

Government Department
Department of Telecom (DoT)
Scheme Aim
Enhance local value addition
GX Group Role
Beneficiary under telecom PLI scheme
GX Group Location
Manufacturing facility in Manesar and R&D in Chennai
Local Content Target
Manufacturers face challenge in achieving 50-60% local content

Sources

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