Telecom Minister Shri Ravi Shankar Prasad said that India will be a hub for telecom equipment manufacturing. He said that India is on its way to become a global power with march of technology and asked the telecom industry to focus on innovation around 5G technology to create products with India specific patents. He asked the industry to come with innovative 5G products in areas like mobile, healthcare, agriculture and other sectors which have potential to reap its benefit.
The minister said, India generates huge amount of data and has a potential to emerge as global hub for data analysis, data innovation and data refinery while prioritising privacy. India must become a centre of telecom equipment manufacturing, low cost telecom products. He said mobile sector should also work in conjunction with start-ups firms.
The Telecom Regulatory Authority of India (TRAI) last year recommended for the formation of a unit within the Department of Telecommunications (DoT) to promote the manufacture of domestic telecom equipment.
TRAI recommended the establishment of a Telecom Research and Development Fund (TRDF), with an initial corpus of Rs 1,000 crore. The fund should seek to promote research and innovation for the designing, manufacturing and testing domestic telecom equipment. Government is coming up with robust data protection legislation and will not compromise on data sovereignty.