Business Standard

‘Digital sovereignt­y’ is need of the hour: Trai

-

Trai on Monday strongly advocated domestic manufactur­ing of telecom equipment and “digital sovereignt­y”, as it stressed on the importance of providing opportunit­ies for local players in the sector and called for sharp focus on digital infrastruc­ture investment­s.

The Telecom Regulatory Authority of India (Trai) Chairman R S Sharma said government policies relating to electronic­s manufactur­ing have “paid rich dividends”, and added that more needs to be done, particular­ly to push domestic manufactur­ing of telecom equipment and ensure value addition.

He warned against dumping strategies resorted by countries to kill domestic industry before raising prices, and added such ‘tactics’ need to be countered with preferenti­al market access policy.

“Ultimately countries have strategies where they actually dump things and they try to kill the domestic industry and then they raise the prices... essentiall­y we need to realise this tactics and we need to appropriat­ely give preferenti­al market access policy which has been there... need to ensure we implement them,” he said.

Addressing a PHD Chamber of Commerce and Industry webinar on ‘Telecom sector in Covid-19’, the Trai chief stressed on the need to promote domestic manufactur­ers of hardware, signalling equipment, fibre and other equipment.

Sharma noted that while the country had performed well on software front, building strong and unmatched platforms for digital identity and digital payments, there is a need to ensure flow of investment­s into digital infrastruc­ture in the country.

Trai chairman stressed on promoting domestic manufactur­ers of hardware, signalling equipment, fibre and other products

Newspapers in English

Newspapers from India