Indian Government heading for high growth of Telecom Sector
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE It seems the Indian Government is committed to boost the telecom sector. As per the latest information, Union Minister for HRD, Communications & IT and Law & Justice Kapil Sibal has stated that a combination of liberal M&A and FDI policies will facilitate the required investments, and spur renewed activity in the telecommunication sector in India. Speaking at the CII National Telecom Summit 2013, organized in partnership with the Department of Telecommunications, the Minister remarked that the industry and the government need to empower the common man through affordable services, data and devices. He also stressed on the urgent need to establish an indigenous fab facility in the country. Building further on expected data growth, Kiran Karnik, Chairman, CII National Committee on Telecom & Broadband, said that future possibilities will be opened up by broadband, leading to widespread impact in th...