“This budget lays a solid foundation for India’s digital and sustainable future, paving the way for improved connectivity and technological advancement across the nation.”
The Union Budget 2024-25 demonstrates a clear vision for ‘Viksit Bharat’ with its strong emphasis on infrastructure development and digital transformation. The government’s decision to increase duty on PCBAs for specific telecom equipment by 10-15% reflects a commitment to bolstering ‘Make in India’ in this crucial sector.
We are particularly encouraged by the focus on enhancing Digital Public Infrastructure (DPI), which will undoubtedly play a pivotal role in accelerating India’s economic growth. The prioritization of energy security and infrastructure development aligns perfectly with the telecom sector’s needs for robust and sustainable expansion.
The budget’s provision for skilling 4.1 crore youth is a commendable step that will significantly enhance our nation’s capabilities and prepare our workforce for the digital future. Furthermore, the emphasis on green energy and government initiatives in solar energy will create a robust infrastructure for a greener India, reducing our dependence on other expensive resources. This aligns well with the telecom sector’s growing focus on sustainable practices and energy-efficient technologies.
This budget lays a solid foundation for India’s digital and sustainable future, paving the way for improved connectivity and technological advancement across the nation. As we move forward, the telecom infrastructure industry stands ready to support and contribute to this transformative journey towards a digitally empowered, skilled, and environmentally conscious India.
Tilak Raj Dua, Director General, Digital Infrastructure Providers Association (DIPA)
