Telecom Lead India: The Indian Telecom Equipment
Manufacturers’ Association (TEMA) has expressed their dismay over the contents
of a letter from the US India Business Council regarding the recent
Cabinet approval relating to preferential market access for domestically
manufactured goods in Government purchases for electronic and telecom equipment
and for areas which can pose a threat to the security of the nation.
Such deliberate attempts will create pressures on the
Government of India which will result into adverse implications in strategic
areas and make us lose the last opportunity to make our telecom
network (which is part of the critical infrastructure of India) secure,
robust and reliable,” said Ashok K Aggarwal, director general, Telecom
Equipment Manufacturers Association (TEMA).
In a communication to Prime Minister of India, Aggarwal
said the US India Business Council stand is a clear reflection of the
double standards adopted by US/Asian Trade Associations.
According to TEMA’s communication, with the
implementation of preferential market access guidelines, Foreign Direct Investment
(FDI) will increase as all Telecom Equipment Manufacturing giants will
invigorate their manufacturing activities and ramp up their manufacturing
activities in India.
Some of the multinational telecom equipment
manufacturing companies have already announced huge investment plans in Telecom
Equipment Manufacturing sector ever since the Preferential Market Access Policy
was announced,” Aggarwal added.
Indian Telecom Equipment Manufacturers want India to focus on
telecom manufacturing
A few months back, TEMA sought the attention of
government of India to the recent state of the union address of President
Barack Obama in which he pointed out the importance of creating a strong
manufacturing base within America so as to beat the economic downturn by
creating more jobs and prosperity in the U.S.
editor@telecomlead.com
