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Telecom could drive India's next manufacturing leap, NITI Aayog says

August 17, 2026
Source: business-standard.com business-standard.com
News Snapshot:
  India’s telecom and network equipment sector could become a $50 billion export hub by 2035 and raise its contribution to GDP to 1-1.5 per cent, while creating around 500,000 skilled jobs, according to a new NITI Aayog report. Titled Key Sectors to Position India as a Global Manufacturing Hub, the report says the sector needs stronger policy support to reduce import dependence and increase domestic value addition.  Beyond telecom, the policy think tank highlights chemicals, textiles, and solar PV as critical engines to scale up local supply chains and position India as a global manufacturing powerhouse.   Telecom: A...
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