Business Standard

Thursday, December 19, 2024 | 06:08 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Hiccups for telecom fiber rollout with higher duty on optic fiber

Local optic fiber manufacturers cheer the move

telecom, trai
Premium

Representative image

Romita Majumdar Mumbai
As optic fiber and cable producers cheer the hike in basic customs duty on optic fiber, analysts and telcos feel that there could be initial hiccups until the domestic makers gear up production to meet the enhanced demand. The industry also expects a 2-3 per cent rise in their fiberisation costs for the time being.

According to sources from the telecom operating companies, they already source a large part of their requirement from the leading Indian companies in this space. However, some of the specialty cables are still sourced from abroad, largely Chinese manufacturers in this space. At present, Indian

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in