Over 90% of telecom gear in India's Rs 50,000-cr market is imported

Indian companies will constitute 6.6 per cent of the global demand for telecommunication equipment in 2014-15, according to research agency Ovum. The industry expects it will spend Rs 46,000 crore on buying gear, excluding handsets. The bulk of this money will, however, be spent on buying imported equipment, mainly from Europe and China.

Read Full Story>>