Telecom industry should come forward to create Indian-owned intellectual property right (IPR) that can be integrated into the global communications ecosystem and also help bridge the standardisation gap, a senior Telecom Department official said Friday.
"Nearly 5-10 per cent of the value of products that the Indian telecom market uses is towards payments of global IPR. This is when many of these products have had Indian brains behind it. We want more development and fabrication of future products done in India and by Indians," Anshu Prakash, Additional Secretary, Department of Telecom (DoT) said, addressing a discussion on 'Bridging the Standardisation Gap'.
The event was organised jointly by PHD Chamber of Commerce and Industry (PHDCCI) and Broadband India Forum (BIF).
Prakash emphasised the need to enhance collaboration between industry, academia, and civil society to accelerate the development of Indian standards with the government taking the lead role as facilitator and enabler.
Disclaimer: No Business Standard Journalist was involved in creation of this content