FDI fueling telecom innovation; satellite internet key for rural India: DoT official

New Delhi: Pointing to the fact that 100 per cent FDI is already allowed in the telecom sector in India, Deb Kumar Chakrabarti, an Advisor at Department of Telecommunications (DoT) said that the country has been doing very well in this technology domain.

“Lots of FDI basically have come from the telecom sector. FDI is not just money. FDI is technology. There are new management styles, many things that come into a new country. So, that way I think every country benefits if it gets a big share of FDI,” the DoT official told on the sidelines of the 2nd India Space Policy Conference here in the national capital.