New Delhi, June 22 -- Major dilutions to local content rules for the telecom sector under the Public Procurement Order could negatively impact Indian firms by giving greater access to multinational corporations (MNCs) in government contracts without manufacturing in India, according to the Global Trade Research Initiative (GTRI) .

The GTRI in a note further said that the move will benefit major foreign MNCs active in the Indian telecom component industry.

Earlier this month, on June 3, the Department of Telecommunications (DoT) initiated a public consultation to revise its Public Procurement (Preference to Make in India) (PPP-MII) Order for the telecom sector.

The consultation, open to industry comments until July 3, proposes a series ...