- Promote domestic production of telecoms equipment to meet 80% of India's demand and capture more of the global ICT market
- Provide preferential market access for domestically manufactured telecommunication products including mobile devices and SIM cards
- Support development of Indian standards for hardware and software
- Streamline taxes and provide greater access to financial resources for local manufacturers and R&D groups
Tech companies should also smell opportunities in the new policy. The goals of ensuring at least one e-literate person per household and increasing access to mServices promise a growing market for mobile and low-cost devices. Efforts to support IT purchasing by small- and medium-sized businesses, especially in Tier II and Tier III cities, may also bolster demand. And there will almost certainly be partnership opportunities, particularly for companies that respond to the government's concerns over cyber security by building in or enhancing security features in their chips, network equipment, hardware and software.
For more information about the Indian Government's proposed policy and its implications for your business, contact anne.craib[at]vitalwaveconsulting.com