Union Telecom Minister Jyotiraditya Scindia has said that Indian telecom equipment exports to the US will remain competitive even after imposition of additional tariffs. According to official data, telecom equipment worth about Rs 85,000 crore have been produced under the PLI scheme, of which equipment worth Rs 16,000 crore have been exported to various countries.
Recently, US President Donald Trump had announced imposition of a 25 per cent tariff on all goods coming from India starting August 1, plus an unspecified penalty for buying military equipment and crude oil from Russia.
Besides, he stated over the last 11 years, under the leadership of Prime Minister Narendra Modi, India’s digital transformation has been nothing short of extraordinary. He said ‘From remote villages to bustling cities, digital access has empowered citizens, bridged divides, and made India a global leader in affordable, inclusive technology.’ Moreover, he said that telephone connections in the country now stand at 1.2 billion and internet subscriptions have surged by nearly 286 per cent to reach 970 million.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: