India's TANE Sector Could Double GDP Share, Needs Urgent Policy Support: NITI Aayog

India’s telecom equipment sector has $50 billion export potential, Niti Aayog highlights key hurdles

India's telecom sector can significantly boost GDP and exports by 2030. However, heavy import reliance and low domestic value addition pose challenges. Critical components are largely sourced from China, creating supply chain vulnerabilities. Government policies aim to support local manufacturing and reduce import dependence. These efforts could transform the sector into a global manufacturing hub.

India's TANE sector could double GDP share, needs urgent policy support: NITI Aayog

The TANE ecosystem forms the backbone of modern global connectivity; however, the sector stands at a critical juncture with sharp trade imbalances underscoring an urgent need for targeted intervention

India's Telecom and Network Equipment Sector Could Double GDP Share, but Needs Urgent Policy Support: NITI Aayog

Get latest articles and stories on Business at LatestLY. While India's telecom and network equipment (TANE) sector has strong growth potential, heavy import dependence, especially on China--underscores the need for urgent policy support to boost domestic manufacturing and exports that will likely double the sector's GDP share and position India as a USD 50 billion export hub by 2035, according to a NITI Aayog report. Business News | India's Tele…