Ladakh Dispute: India Decided To Hurt China Financially

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New Delhi: China has created problems for itself by fueling the border dispute. After the Ladakh incident, India has taken a step forward to hurt Beijing financially. The Modi government has banned telecom company Bharat Sanchar Nigam Limited (BSNL) from receiving upgrade gear from Chinese companies, including Huawei.

According to an official, the Department of Telecommunications will soon cancel the tender issued by BSNL and Mahanagar Telephone Nigam Limited (MTNL) for the installation of 4G technology and the rules will be changed to exclude Chinese companies. This is a big setback for Chinese companies like Huawei and ZTE. Because it will be clear that Chinese companies will stay out of projects connected to the 5G network in the country.

According to the information, the government is now working seriously to reduce sugar dependence in the mobile sector. Therefore, along with BSNL, private companies have also been asked to reduce the use of products manufactured by China. According to an estimate, the annual market for Indian telecom equipment is currently around 12,000 crore, of which Chinese companies account for about a quarter. While the rest of the market mainly includes Ericsson of Sweden, Nokia of Finland and Samsung of Korea. Bharti Airtel and Vodafone Idea work with Huawei and ZTE apart from European vendors, and Reliance Jio works with Samsung.

The Telecom Ministry has asked BSNL, MTNL and other subsidiaries to avoid Chinese equipment in the upgrade. Apart from this, the Ministry has also directed all concerned departments to make the purchase of manufactured goods in India their top priority so that steps can be taken in the direction of self-reliant India. In this way, India has started to respond to China’s actions. Obviously, China will have to bear a huge economic loss in the coming days with such decisions.

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