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31 companies including 16 MSMEs approved for Telecom PLI Scheme, investment of around Rs 3,345 crore envisaged

The Production Linked Incentive (PLI) Scheme for Promoting Telecom and Networking Products Manufacturing in India has been launched to realize the Prime Minister Narendra Modi’s vision of Atmanirbhar Bharat. ....

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Major global, local players 'keen on ₹12,195-cr telecom PLI scheme'

The scheme is open to both MSMEs and non-MSME companies ....

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Production Linked Incentive (PLI) Scheme In Telecom Sector News: Telecom Equipment Makers Rally After Cabinet Approves PLI Scheme

The government will also come up with a PLI scheme to encourage production of laptops and tablets.
Shares of telecom equipment makers such as Sterlite Technologies, Vindhya Telelinks, D-Link, HFCL, ITI, Indus Towers, Shyam Telecom and Tejas Networks rose in the range of 2-11 per cent after the Union Cabinet approved Production Linked Incentive (PLI) scheme for telecom equipment makers. The Union Cabinet headed by Prime Minister Narendra Modi approved Rs 12,195 crore production linked incentive (PLI) scheme for the telecom and networking products in order to boost India s manufacturing capabilities and enhance exports.
The scheme is aimed at offsetting the huge import of telecom equipment worth more than Rs 50,000 crore and reinforce it with Made in India products both for domestic markets and exports, Telecom Minister Ravi Shankar Prasad said in a media briefing after a cabinet meeting. The scheme outlay is for a period of five years. ....

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