The Union Cabinet on Wednesday approved Production Linked Incentive (PLI) scheme worth Rs 12,195 crore for the telecom and network equipment manufacturers in order to boost local manufacturing of the components.
Addressing a press conference here, Union Minister of Electronics and Information Technology Ravi Shankar Prasad said that PLI scheme for telecom products will be implemented from April 1. Today, the Cabinet approved PLIs in the telecom and networking products. Today s decision is for making India a global hub of manufacturing telecom equipment including core transmission equipment, 4G/5G next-generation Radio Access Network and Wireless Equipment, he said.
Prasad said that telecom manufacturing will reach to global scale in India and the PLI scheme is another initiative under Atmanirbhar Bharat.
PLI scheme for telecom equipments | Cabinet approves over 12,000 crore PLI scheme for telecom sector
timesnownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesnownews.com Daily Mail and Mail on Sunday newspapers.
Govt approves PLI scheme of over Rs 12,000 crore for telecom equipment
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Amazon sets up first device manufacturing line in India to produce Fire TV Sticks
This is for the first time that Amazon will manufacture its hardware devices in India. The ecommerce giant has reiterated its commitment towards the Indian government s Aatmanirbhar Bharat programme.
0 claps
Global online retailer
Amazon will begin manufacturing its hardware devices in India as the company reiterated its commitment to the Indian government’s
“make in India initiative towards an Atmanirbhar Bharat.
Amazon will start manufacturing its Fire TV Stick devices in Chennai through a partnership with contract manufacturer Foxconn later this year.
The company said under the device manufacturing programme, it will be able to