The Telecom Equipment Manufacturers’ Association (TEMA) of India, in a communication to the Honorable Prime Minister, Government of India, Dr. Manmohan Singh have expressed their dismay over the contents of the letter, which was shared with the world media as an attempt to generate an opinion against a sound decision of the UPA government.
The letter from the US India Business Council, Washington to Honorable Prime Minister of India is regarding the recent Cabinet approval relating to "Preferential Market Access" for domestically manufactured goods in Government purchases for electronic and telecom equipment and for areas which can pose a threat to the security of the nation.
Ashok K. Aggarwal, Honorary Director General, Telecom Equipment Manufacturers Association (TEMA) said, "Such deliberate attempts will create pressures on the Government of India which will result into adverse implications in strategic areas and make us lose the last opportunity to make our telecom network (which is part of the critical infrastructure of India) secure, robust and reliable."
According to TEMA’s communication, with the implementation of preferential market access guidelines, Foreign Direct Investment (FDI) will increase as all Telecom Equipment Manufacturing giants will invigorate their manufacturing activities and ramp up their manufacturing activities in India. "Some of the multinational telecom equipment manufacturing companies have already announced huge investment plans in Telecom Equipment Manufacturing sector ever since the Preferential Market Access Policy was announced," added Aggarwal.
