India backs $1.68bn in incentives for domestic telecoms equipment production

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Today, India’s federal government has approved a $1.68 billion fund to help promote domestic telecoms equipment manufacturing.  The fund will be available to equipment makers in the form of incentives between 4% and 7% on any increase in sales of locally made equipment over the next five years, compared to 2019/20 levels. “I would appeal to all telecoms&rsquo…

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