The upcoming 5G ecosystem offers this grand

The second misconception on the part of Indian firms was the underestimation of the importance of the international collaborative standards development process.India’s participation in development of standards has been sub-optimal, and there is a need for participating in and leveraging standards development which is immensely important, since they bring forth various economic, technological and competitive benefits for the relevant stakeholders. However, it became evident that it was the stark opposite.Also, the potential economic impact of 5G is expected to be unprecedented. The country has emerged as the second largest mobile phone producer in the world (second only to China) with an annual production of 11 million units in 2017. Since the launch of the "Make in India" initiative, mobile phone manufacturing has been touted to be a success story for India.However, in order to fulfil the aspirations of the rollout of the commercial deployment of 5G mobile communications technology by 2020, and of moving up the GVC in mobile phone manufacturing, more efforts would be required in moving from "Make in India" to "Creating Value in India". The Indian players were largely technology implementers, who depended on the foreign players for technology development.Alas, there are several myths surrounding the underlying technology development process in India which might hinder the prospects of 5G.

The upcoming 5G ecosystem offers this grand opportunity.What we have failed to realise is that as technology-based competition intensifies, competitive success, at the regional and global levels, is critically reliant on control over IP rights. However, if it has to gain a larger pie in the GVC of ICT goods and services, it has to focus on innovation to be ahead of other rivals. This approach also magnified their competitive inefficiencies and should be kept in mind by Indian firms who now seek to emerge as competitive players in the 5G technology ecosystem.This means that "Design in India" should have the same missionary approach as "Make in India".One of the objectives of the NDCP has been of enhancing India’s contribution to GVCs of mobile handset self adhesive vinyl rolls suppliers production. This becomes more crucial in the wake of the emerging 5G technology, which is set to fundamentally change the way we live, work, interact with each other and with the interconnected things around us, coupled with the dynamism of the Internet of Things (IoT). First, as mentioned above, historically, Indian firms that manufactured ICT products have focused on assembling of ICT products in India and perceived it as a sustainable and competitive business model. Instead of participating in the collaborative standards development process (which should have been the next organic step in order to remain globally competitive), many Indian implementers and manufacturers in India have advocated for the need to regulate licensing of the underlying patented technology of the standard, which takes the form of Standard Essential Patents