City
Epaper

Local telecom manufacturing to provide more jobs at entry level: Minister

By IANS | Updated: August 22, 2024 10:30 IST

New Delhi, Aug 22 The thrust of local telecom manufacturing, driven by the production-linked incentive (PLI) scheme, will ...

Open in App

New Delhi, Aug 22 The thrust of local telecom manufacturing, driven by the production-linked incentive (PLI) scheme, will provide more job opportunities at entry level and help in building up skilled manpower resources, the Centre has said.

During a meeting with original equipment manufacturers (OEMs) in the telecom sector, Union Minister of Communications Jyotiraditya Scindia said this is in line with Prime Minister Narendra Modi’s vision of fostering inclusive and collaborative policy decision-making.

The minister said that government is focused on resolving issues in time-bound manner and create industry-friendly process.

The meeting was part of the recently-constituted Stakeholders Advisory Committee (SAC) with telecom sector OEMs. The minister discussed ways to spur indigenous manufacturing, adopting pragmatic implementation approach, furthering ease of doing business and review of issues taken up in an earlier meeting.

The industry leaders presented the challenging yet feasible growth target set upon by themselves for the telecom sector. The SAC expressed confidence that developed telecom manufacturing will provide more job opportunities not only at entry level but also help in building up skilled manpower resources.

“The initiative will be critical in engaging industry leaders in expanding and shaping the future of India's telecommunication ecosystem,” said the Ministry of Communications.

The industry members also assured to work hand-in-hand with the government for telecom sector growth — both domestic and international.

Minister Scindia assured them of full government support in resolving issues raised by them, adding that OEMs are expected to present the best practices followed in other countries.

The telecom equipment manufacturing sales in the country have crossed Rs 50,000 crore under the production-linked incentive (PLI) scheme, creating more than 17,800 direct jobs and many more indirect jobs. The telecom equipment production exceeded the milestone of Rs 50,000 crore with exports at about Rs 10,500 crore, according to the Ministry.

The Minister has constituted six distinct SACs to provide valuable insights to the DoT on various matters pertaining to it. They are aimed at facilitating a consistent two-way dialogue with government on matters related to telecommunication sector.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

BusinessAnil Ambani’s Reliance Power and Reliance Infra Accuse Rivals of Trying to Crash Stock Prices

International(On hold) India's candidate for Law of Sea Tribunal honoured at reception with MPs' delegation 

BusinessLKP Finance Limited Secures RS 125 Crore Equity Investment Led by SAGE ONE Investments and Others

EntertainmentDebinna Bonnerjee says ‘an era of memories unlocked’ as she attends Enrique Iglesias’ concert

NationalThree killed as vehicle rams into tree in Karnataka

Technology Realted Stories

TechnologyCity doctors report 50 pc rise in eye problems as smog continues to engulf Delhi

TechnologyAI-171 crash: Preliminary report finds no fault in Air India’s operations, says CEO Campbell Wilson

TechnologySamsung Electronics Q3 net profit up 21 pc on strong chip sales

TechnologyIndian stock markets open lower as US Fed announces rate cut

TechnologyCommitted to unlock new avenues to further enhance India's exports: Piyush Goyal