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Markets: TEPC promotes Indian telecom products globally

Fiinews by Fiinews
May 30, 2024
in Markets
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Gupta has scheduled Indian participations in international trade shows

The Telecom Equipment & Services Export Promotion Council (TEPC) https://www.telecomepc.in/ is internationally promoting at trade shows made in India telecom products under a target of US$100 billion export by 2047.

TEPC Director General Arun Gupta stated this at an international exhibition in Singapore, stressing the need for aggressive marketing campaign to generate 15% year-on-year annual growth to achieve US$100 billion telecom equipment export target over the next two decades.

TEPC is exploring global markets and have set up a regular participation schedule in international trade shows to promote telecom products, Gupta said on 29 May at the here today.

The region-wise market development focus in on ASEAN, Africa, Europe and other developing economies, he added.

Gupta spoke to media aat the ATX Enterprise exhibition held 29-31 May 2024 in Singapore.

The TEPC-led 160-member company industry is averaging at US$8 billion a year of exports as of now. “Our member companies are exporting to over 75 global markets,” he said.

Optical fibre, network and 4G & 5G equipment manufacturers are being put in the forefront of TEPC export campaigns.

India was represented by 27 companies and 110 delegates at the international exhibition on telecom and broadcasting equipment that incorporates one of the world’s most advanced technologies, added Amit Pasari, a governing council member of the TEPC.

Pasari underlined the Government initiated R&D in the telecom equipment manufacturing sector, pointing out the importance of ongoing development of Intellectual Property Rights (IPR).

“The Government wants the sector to focus on IPR, and it is promoting a lot of companies in the development of IPR,” said Pasari, also CEO of XS INFOSOL, which has business operations out of Noida, Edmonton and Al Hamra Industrial Zone of the UAE.

Gupta added that the government has allocated five per cent of the Universal Service Obligation Fund for technology development.

Among international exhibitors at the ATX Enterprise, California-based Inovonics Broadcast https://www.inovonicsbroadcast.com/ is working with the Indian radio and broadcast stations which are upgrading to digital systems from analogue.

“We have proof of concept (demonstration) worked out with All India Radio, and are ready to provide digital systems for their upgrade programme,” said Mukesh Chaudhary, regional sales manager for South Asia and the Middle East.

“India is an important market for us and we see good prospects once the Indian stations get approvals and policy is released on digital systems,” he said at ATX Enterprise.

Inovonics is a 52-year-old global brand and serves over 500 stations in Indian metros and state capitals, he added. fiinews.com

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