Gear makers want government to address cost disadvantages vis-a-vis overseas markets to push local production

“Global vendors have also recommended that such a PLI should factor in a network vendor's R&D costs -- a significant chunk of local manufacturing costs -- and be linked to incremental equipment production catering to both domestic and export markets,” a top executive of a leading global networks gear maker told ET.

from Tech-Economic Times https://ift.tt/2zZPSDn