![]() Financial Daily from THE HINDU group of publications Monday, Nov 24, 2003 |
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Info-Tech
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Telecommunications Industry & Economy - Exports & Imports Telecom gear exports touch Rs 500 cr: ESC Our Bureau
New Delhi , Nov. 23 TELECOM equipment exports to the US and Canada are estimated to have surged by 10 times to Rs 132 crore in 2002-03, from Rs 13 crore a year ago, even as total exports of the sector touched Rs 500 crore from Rs 150 crore in 2001-02, according to the Electronics and Computer Software Export Promotion Council (ESC). The growth in exports is attributed to increasing demand for items such as EPAB/EPAX/Intercom, transmission apparatus and satellite communication equipment, ESC said in a statement here. "Now the US and Canada have emerged as the second largest export destination of telecommunication equipment from India," Mr D.K. Sareen, Executive Director of ESC, said in a statement here. Singapore, Hong Kong and other South Asian countries accounted for the largest share of telecom equipment export from India in 2002-03, at Rs 162 crore over Rs 28 crore in the previous year. The African countries were the third largest destination for export, where India exported telecom equipment worth Rs 73 crore. The leading exporters of telecommunication equipment were Midas Communication Technologies, Krone Communications, Ellora Time, Alcatel India, Valiant Communications, U&I Systems, Shyam Telecom, Delhi Call Centers Pvt Ltd, Bharti Teletech and Priyaraj Electronics Ltd, the release said.
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