The Indian government is set to launch a new Telecom Technology Development Fund (TTDF) by October 2026, according to Pemmasani Chandra Sekhar, the Minister of State for Telecom. This initiative aims to enhance research and development in the telecom sector, particularly focusing on 6G technology. So far, the government has allocated ₹540 crore to more than 100 companies under the existing TTDF scheme. The new fund will feature a larger budget and improved co-funding mechanisms to ensure effective utilization. Minister Pemmasani highlighted the importance of fostering innovation in the industry, supported by financial initiatives like the Production Linked Incentive (PLI) scheme, which has a budget of ₹12,000 crore and has generated approximately ₹62,000 crore in sales. The approval process for the new TTDF has commenced, with expectations for finalization by October.