Indian Government To Spend $6.9 Billion On Telecom & Software In 2013

The latest Gartner report says that Indian Government will spend $6.9 billion on telecom and software in 2013. The spend is approximately 10% greater than in 2012. Most of the expenditure will be on the IT services, hardware, software and telecom equipment. The GoI will invest significant amount in UID project and also on implementing the National Optical Fiber Network with an aim to deepen the broadband penetration all over India.

In the mean time, the United States has expressed 'concern' over India planning to source the electronics and software to Indian suppliers, saying that it will affect American investments in India. Huh?