Alarming Dilution of Local Content Rules Could Damage Indian Telecom Sector, Warns GTRI
In a significant development that could have long-term implications for the domestic telecom industry, the Global Trade Research Initiative (GTRI) has issued a cautionary statement regarding the proposed relaxation of local content rules. The think tank has warned that this move could severely disadvantage Indian telecom companies while favoring multinational corporations (MNCs), potentially reversing the…