Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

DoT to Prohibit Any Overseas Telecom Equipment Company from Taking Part in Government Projects

DoT to Prohibit  Any Overseas Telecom Equipment Company from Taking Part in Government Projects

Chinese network equipment vendors, already limited in some major Western markets, could now face similar problems in India.The country's government has authorized the Department of Telecommunications (DoT) to ban any international telecom equipment company from engaging in government projects.

The rule of clause 10(d) of the 2017 Order on Public Procurement (Preference to Make in India) can still be used against every nation that does not enable "Indian distributors to engage and/or keep pace in procurement of telecommunications equipment," a letter recently sent by the DoT to all central and state departments says. It means the DoT can now impose restrictions on companies from a given country that want to compete for contracts from the Indian government.

While it does not specifically mention Chinese vendors, the policy directive has been widely interpreted as a retaliatory step against China, which is seen as restricting the role of foreign vendors in its own market, and now threatens a spate of trade between the two Asian nations. European vendors such as Ericsson and Nokia are long thought to have failed in China as a result of a scheme critics say they're skewed for domestic companies.India's government seems to think that Indian companies like Tejas and Sterlite, both of which are trying to establish themselves abroad, may have missed out as well.

Indian authorities ' latest move could deliver a blow to Chinese vendors Huawei and ZTE, who have been reported to be actively vying for projects under Indian government.


Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition

HDFC Bank is Qfix's main distribution partner Pine Labs has announced that it has acquired Qfix, a Mumbai-based online payments startup. This acquisi...

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...