{
  "id": 1418617,
  "title": "NITI Aayog says this sector can double GDP share",
  "url": "https://urgent.news/2026/08/17/niti-aayog-says-this-sector-can-double-gdp-share",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-17T03:56:08.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/industry/telecom/telecom-policy/indias-telecom-network-equipment-needs-urgent-policy-support-niti-aayog-says-sector-could-double-gdp-share/articleshow/133285889.cms"
  },
  "original_language": "en",
  "account": "India's telecom and network equipment (TANE) sector holds substantial growth potential, but its heavy reliance on imports, particularly from China, underscores the necessity for enhanced policy support to bolster domestic manufacturing and exports, according to a NITI Aayog report. The report emphasized that TANE could contribute to advancing the National Telecom Policy 2025 (NTP-25) objectives of universal connectivity, doubling its GDP share, and achieving $1 trillion in exports by 2030. However, substantial trade imbalances necessitate targeted policy interventions. In 2020-2024, TANE exports amounted to only $0.6-1 billion, constituting 0.2-0.3% of India's total exports, while imports were significantly higher at $4-5 billion, accounting for 0.7-1.1% of total imports. Over 80% of critical imports, including 4G/5G antennas and signal processors, originate from China. This dependency exposes the sector to supply chain disruptions, geopolitical risks, and currency fluctuations, hindering progress toward greater domestic self-reliance. The domestic TANE market, valued at around $25 billion in FY25, is projected to nearly double to $50 billion by FY32, indicating a 10% compound annual growth rate. Globally, the telecom equipment market is poised to expand from $498 billion in FY23 to $714 billion by FY30, presenting significant export opportunities for Indian manufacturers. The report highlighted the need for enhanced policy support to overcome structural challenges, including high import dependence, low domestic value addition, limited access to the domestic market, and skill shortages. To capitalize on growth potential, the report recommended deeper localisation of component manufacturing, joint ventures between global original equipment manufacturers and Indian companies, the establishment of export-oriented segments, and bolstered testing and certification infrastructure.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}