According to Prime Minister (PM) Narendra Modi, the project to connect over 600,000 Indian villages with optical fibre network will be completed in the next 1,000 days. Besides, high speed internet connectivity via submarine optical fibre cable will be extended to Lakshadweep in this period.
Further, he announced that a new policy on cyber security will be unveiled shortly.
The PM has also spoken about his vision around building national infrastructure pipeline projects, which has been lauded by the Telecom Equipment Manufacturers Association of India (TEMA). As per TEMA, building national infrastructure pipeline projects will boost employment and open up new opportunities.
Commenting on the development, N K Goyal, chairman emeritus, TEMA, said, “TEMA views today’s announcements as a signal from PM for the industry to enhance its participation in the development of National Infrastructure. Further, we feel there is an enormous opportunity. Even if 10 per cent of this spending is focused on telecom, it amounts to Rs 11 trillion investment, which can be generated domestically. TEMA is already committed to PM’s call to become ‘Atmanirbhar,’ and ‘Vocal for local.’”
Meanwhile, Ravi Sharma, chairman, TEMA, said, “A clear vision and a target have been set by the PM. As an industry, we are bullish about thrust given to promoting domestic industry to make India’ Atmanirbhar.’ We have only scratched the surface of the potential in developing infrastructure. Support in terms of reduced levies to the local manufacturers and special provisions to up skill the talent that has come back to the country during Covid should be taken up on priority.”
Further, Sandeep Aggarwal, vice chairman, TEMA, said “Tremendous positivity has been brought in today by PM in his Independence Day speech. We feel bullish about the opportunities, linking ‘Atmanirbhar’ with building national infrastructure will bring about in the days to come.”
