Telecom exports to top Rs.100 bn by 2011

April 11th, 2008 - 7:59 pm ICT by admin  

New Delhi, April 11 (IANS) India’s export of telecommunication equipments is expected to reach Rs.40 billion ($1 billion) by 2008-09 and Rs.100 billion by 2011-12 from the current Rs.18 billion, said Commerce and Industry Minister Kamal Nath. “The exports from this (telecom) sector are likely to touch Rs.40 billion this year, up from Rs.18 billion last year,” the minister said while unveiling the Foreign Trade Policy update Friday here.

The government has also announced a new export promotion council for the telecom sector in the trade policy.

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