Union Minister of Communications, Mr. Jyotiraditya Scindia, has said that the government’s push for local telecom manufacturing, supported by the Production-Linked Incentive (PLI) scheme, is set to generate a significant increase in entry-level job opportunities and help develop a skilled workforce.
During a recent meeting with Original Equipment Manufacturers (OEMs) in the telecom industry, Minister Scindia stated that this initiative aligns with the government’s vision of promoting collaborative and inclusive policy decision-making. Also, he said that the government has a focused approach towards resolving issues within a time limit and evolving industry-friendly processes.
The meeting was a regular part of the newly-formed Stakeholders Advisory Committee (SAC) with OEMs from the telecom sector. The minister discussed strategies to boost domestic manufacturing, adopt a practical implementation approach, enhance ease of doing business, and review issues raised in a previous meeting.
“The initiative will be critical in engaging industry leaders in expanding and shaping the future of India's telecommunication ecosystem,” said the Communications Ministry.
The industry leaders represented growth targets set by themselves that are challenging yet feasible for the telecom sector. The recently-constituted SAC showed confidence in telecom manufacturing that its development will create more job openings not only at the entry level but will also help in structuring skilled manpower resources.
The industry members were assured to work in line with the government for comprehensive growth of the telecom sector on domestic and international levels.
Minister Scindia assured all the members of full government support in settling matters raised by them, also that the government expects OEMs to bring out the best practices followed by other countries.
The sales in telecom equipment manufacturing, in the nation, have crossed Rs 50,000 crore beneath the production-linked incentive (PLI) scheme, generating more than 17,800 direct plus 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.
Under the PLI schemes, in the country, the sale of telecom equipment manufacturing has crossed ₹50,000 crore mark, while having created over 17,800 direct jobs and several other indirect jobs. With exports at around ₹10,500 crore, telecom equipment production has jumped over the landmark of ₹50,000 crore, according to the Ministry.
The Minister has formed six different Stakeholders Advisory Committees to offer valuable insights to the Department of Telecommunications (DoT) on various relevant issues. These committees are designed to facilitate ongoing two-way communication with the government on matters concerning the telecommunications sector.
𝐒𝐭𝐚𝐲 𝐢𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐰𝐢𝐭𝐡 𝐨𝐮𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐛𝐲 𝐣𝐨𝐢𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 WhatsApp Channel now! 👈📲
𝑭𝒐𝒍𝒍𝒐𝒘 𝑶𝒖𝒓 𝑺𝒐𝒄𝒊𝒂𝒍 𝑴𝒆𝒅𝒊𝒂 𝑷𝒂𝒈𝒆𝐬 👉 Facebook, LinkedIn, Twitter, Instagram
