Cabinet approves PLI plan for telecom Updated: Updated: February 17, 2021 23:14 IST Incremental output estimated at ₹2.4 lakh cr., MSMEs to get a leg up; 40,000 jobs may be created Share Article AAA Raking it in: The scheme is expected to generate tax revenue of ₹17,000 crore from telecom equipment making, says Prasad.PTI | Photo Credit: PTI Incremental output estimated at ₹2.4 lakh cr., MSMEs to get a leg up; 40,000 jobs may be created The Union Cabinet on Wednesday approved the production-linked incentive scheme for the telecom sector with an outlay of ₹12,195 crore over five years. The scheme, which aims to make India a global hub for manufacturing telecom equipment, is expected to lead to an incremental production of about ₹2.4 lakh crore, with exports of about ₹2 lakh crore over five years and bring in investments of more than ₹3,000 crore.