Need to increase research and development investment: TRAI
New Delhi: Increasing R&D investment to expand technology development capabilities and leveraging Indian IT industry’s prowess to serve requirements of Indian and global telecom players can help in moving towards Aatmanirbhar Bharat (self-reliant India), Trai chairman PD Vaghela said on Tuesday. Speaking at the 15th India Digital Summit, Telecom Regulatory Authority of India (Trai) chairman PD Vaghela outlined some of the steps that can be taken to make “speedy progress and to make India self reliant” in the telecom space.
“We need to increase investment in research and development (R&D), this is very important…To be self reliant in the technology space, which is critical for economic and statistical perspective, we need to transform from consumer to producer of technology,” he said. To upgrade and expand technology development capabilities, investments need to be made in the complete ecosystem, including research, innovation, standardisation, product development, testing and certification, he added.
This requires a complete overhaul of the existing practices and policies and industry-academia linkages need to be established, he said. “The commercial research innovations standardisation and product development need to be incentivised. Such innovation can also focus on meeting developing countries’ requirement in the most effective manner and this will open vast market for such products for India,” he added.
Vaghela said India’s IT industry capability can be leveraged to build, operate and maintain software products that can serve Indian as well as global telecom industry, at a reasonable price. “We all know that the maximum value addition is in the technology development, designing of products and services over the life cycle. Keeping in view India’s strength in these areas, global companies have already started to establish their R&D centres in India. India has potential to be a global leader in telecom software development and servicing space,” he added.
