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“India Telecom 2021” Event Inaugurated

What is the News?

Union Minister for Communications inaugurated India Telecom 2021 Event.

About India Telecom 2021:

  • Organised by: Telecom Equipment Export Promotion Council(TEPC) under Market Access Initiative Scheme (MAI) of the Department of Commerce.
  • The event has the support of the Department of Telecommunications & Ministry of External Affairs.
  • Purpose: It is an exclusive international business expo. It aims to provide opportunities to the Indian telecom stakeholders to meet qualified overseas buyers.
  • 40 Indian telecom companies and 200 foreign delegates from more than 45 countries are attending the event.

About TEPC:

  • Setup by: Ministry of Commerce & Industry and Ministry of Communications
  • Aim: To promote and develop Export of Telecom Equipment and Services.
  • Functions: The council undertakes several activities aimed at exports promotion such as;
    • Commissioning of Studies to find potential markets
    • Recommending to the Government for making necessary changes in various policies and procedures for promotion of Exports and Services.
    • Holding of National/International Seminars
    • Facilitating the participation of exporters in various overseas exhibitions
    • Dissemination of trade-related data to its members.

Market Access Initiative (MAI) Scheme

  • Nodal Ministry: Department of Commerce, Ministry of Commerce and Industry
  • Objective: It is an Export Promotion Scheme. The scheme aims to act as a catalyst to promote India’s exports on a sustained basis.
  • Product and Country Focus Approach: The scheme is formulated on the basis of the product and country focus approach. It will evolve specific markets and specific products through market studies/surveys.

Source: PIB

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