B.A. (Journalism & Mass Communication) | Posted on | Science-Technology
Did India make a mistake by excluding Huawei from its 5G trials?
Financial analyst (Mudra finance company) | Posted on
As Economic Times has reported, India has shut the gates for China’s 5G technology by excluding China's Huawei Technologies and ZTE Corp from the 5G trials of Department of Telecommunications, despite these two companies having the major contribution in the development of 5G technology in China. And as the speculations are being formed, this will have a straight impact on both the countries’ economies.
According to the experts in the field, the exclusion of as strong a partner as China from the 5G trials, would result in heavy reliance of India on western countries like the US (which is giving China a neck-to-neck competition in 5G development), which consequently, can affect India’s telecom industry.
“If Chinese companies are absent from India's 5G technology development, those same company may hesitate to invest in upstream and downstream industries in India such as hardware production. The DoT decision will set off a chain reaction and have a negative impact on China's investment flows to India”, speculates Global Times.
Chinese technologies get a good market on Indian grounds, and it has helped Indian economic development over years. This unexpected exclusion may result in the withdrawal of Chinese investment from other Indian projects, and it may cause the delay in the development of latest technologies in India.
0
0
0