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production-linked incentive (PLI) | Telecom companies invest Rs 2,419 crore under production-linked incentive scheme till date, says Ashwini Vaishnaw

The government shortlisted 42 companies in October 2022 that committed a total investment of Rs 4,115 crore and are likely to generate additional sales of Rs 2.45 lakh crore and employ over 44,000 people during the six-year scheme period ending 2025-26
Telit Cinterion Ashwini Vaishnaw Raghuram Rajan Production Linked Incentive Pli Ashwini Vaishnaw Eserve Bank Of India Rbi

Telecom companies invest Rs 2,419 cr under PLI scheme till date: Ashwini Vaishnaw

โ€‹โ€‹The government shortlisted 42 companies in October 2022 that committed a total investment of Rs 4,115 crore and are likely to generate additional sales of Rs 2.45 lakh crore and employ over 44,000 people during the six-year scheme period ending 2025-26.
Telit Cinterion Ashwini Vaishnaw Raghuram Rajan Telecom Minister Ashwini Vaishnaw Prime Minister Pli Scheme

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Telecom cos invest Rs 2,419 cr under PLI scheme till date: Vaishnaw, ET Telecom

Ashwini Vaishnaw: "Today, in the telecom sector, we have crossed a major milestone where PLI-supported companies have already completed an investment of Rs 2,419 crore, where the sales are at Rs 34,516 crore, exports are Rs 7,600 crore, and employment is 17,753. This is a great milestone for the telecom industry," Vaishnaw said.
Ashwini Vaishnaw Telit Cinterion Telecom Sector

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