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After spending last three years in navigating the policy landscape for telecom manufacturing, India is now ready for take-off. At the helm, is a supportive government ready to do all that it takes to facilitate the industry. However…
Industry experts also say that even after implementation of the policies, there are other majors that need to be looked at, such as high cost of working capital. “Unlike foreign players, the Indian firms did not get any R&D incentives or soft loans for product development and their cost of working capital is very high,” says Sanchit Vir Gogia, CEO, Greyhound Research.
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