In a statement, ICEA that represents mobile and component manufacturers such as Apple, Motorola, Nokia, Foxconn, Wistron, Flextronics, Lava, Vivo and others, said that it would promote newer and niche cell technologies in the country.
How the PLI Scheme for telecom is a key factor for Digital India
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How the PLI Scheme for telecom is a key factor for Digital IndiaBy Kunal Chaudhary, ET CONTRIBUTORS
Last Updated: May 15, 2021, 10:53 AM IST
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Synopsis
India is the second-largest telecommunication market and with telecom services providers moving towards 5G technology and new-age connected equipment, domestic manufacturing will play a pivotal role to set up the digital infrastructure in the country.
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The current scheme is a wonderful opportunity for developing telecom manufacturing in India, a vision that has been unfulfilled for the country and is a key building block of making India ‘Digital’.
Sadhana Nitro Chem announced that the company has received approval for its application under Production Linked Incentive (PLI) Scheme from IFCI no behalf of the Department of Pharmaceuticals for the production of Para Amino Phenol (PAP) and is under the segment Key Chemical Synthesis Based KSMs/Drug Intermediates.
Additionally, due to the present pandemic situation, while the installation of the PAP plant continues to be ongoing, there have been resultant delays pushing the commercial launch date.
The first phase of the plant is expected to go live in July, 2021 and second phase in August, 2021.
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