Indian Companies Supplying US Technology To Huawei Will Be Penalised : Govt
By MYBRANDBOOK
The Indian government has said any Indian company supplying US-developed technologies Huawei will face penal action. Answering a question in Lok Sabha, the minister of IT and Communications, Ravi Shankar Prasad said as the US has put a ban on US companies not to deal with Huawei on matters of technology, doing so by Indian entities would invite penal action.
"Any Indian company which will act as a supplier of US-origin equipment, software or technology to Huawei and its affiliates in Entity List could be subject to penal action/sanction under US regulations," the minister said in a written reply in the Lower House.
It can be recalled that the US government has put Huawei and its affiliates in the Entity List, a list of firms that US firms should not be doing business with, in the Month of May this year. If any company wishes to do business with the firms listed in the Entity List needs prior approval or prior export license from the US government.
Though the terms and conditions of Entity List related to Huawei was eased a bit during the US President Donald Trump's meeting with his Chinese counterpart last week, the sanction has not yet fully lifted.
Answering a separate question related to 5G, the telecom minister also informed that while Indian Telecom operators are readying themselves for 5G trial, the government has received proposals from six companies including Huawei and ZTE. However, it has not been decided if the government will allow these two firms to take part in the 5G trials in India.
While the sanction has been placed by the US, it has put the Indian Telecom operators in a tight spot as they are readying for 5G. Huawei is the world's largest telecom equipment company and its solutions are cheaper than its near rivals like Nokia and Ericsson. Experts believe that rolling out 5G infrastructure in the country will highly impacted if Huawei is not allowed to take part in supplying its equipment and solutions to Indian telcos.
BREAKING NEWS
TECHNO TRENDS
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
E-Magazine
TECHNOTAINMENT
Netflix adds 'Moments' feature for saving, sharing scenes from
Netflix has introduced a new “Moments” feature on its mobile app, whic
Jacqueline Fernandez come together with YouTuber Mr. Beast for
Jacqueline Fernandez has partnered with American YouTuber Mr. Beast to b
MOVERS & SHAKERS
Visa elevates Rishi Chhabra as new Country Manager for India
Rishi holds a Master’s in Industrial Engineering from The Ohio State Univ
Genesys welcomes Albert Nel as Senior VP and Regional Sales Le
Genesys continues to deepen its investment in the APAC region. Earlier this
OPEN YOUR EYES
INTERVIEWS
Delivering Critical Business Communication Solutions to Enterp
Arya Omnitalk and Syntel’s comprehensive suite of solutions and more than
Autodesk continually pushing the boundaries in the Design and
Autodesk’s vision is of a better world designed and made for all. It inte
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
BHARAT ELECTRONICS LTD.
LUMINOUS POWER TECHNOLOGIES PVT. LTD.
SAFE SECURITY SERVICES PVT. LTD.
DRUVA SOFTWARE PVT. LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
ICONS OF INDIA : RITESH AGARWAL
Ritesh Agarwal is an Indian billionaire entrepreneur and the founder a...
Icons Of India : NATARAJAN CHANDRASEKARAN
Natarajan Chandrasekaran (Chandra) is the Chairman of Tata Sons, the h...
ICONS OF INDIA : SANJAY GUPTA
Sanjay Gupta is the Country Head and Vice President of Google India an...
PARTNER SPEAKERS
PSU
BEL - Bharat Electronics Limited
BEL is an Indian Government-owned aerospace and defence electronics co...
IOCL - Indian Oil Corporation Ltd.
IOCL is India’s largest oil refining and marketing company ...
GSTN - Goods and Services Tax Network
GSTN provides shared IT infrastructure and service to both central and...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - Sanjay Mehrotra, CEO- Micron Technology
Sanjay Mehrotra, the President and CEO of Micron Technology, is at the...
Indian Tech Talent Excelling The Tech World - RAVI KUMAR S, CEO- Cognizant
Ravi Kumar S, appointed as CEO of Cognizant in January 2023, sets the ...
Indian Tech Talent Excelling The Tech World - JAYASHREE ULLAL, President and CEO - Arista Network
Jayshree V. Ullal is a British-American billionaire businesswoman, ser...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
