PLI scheme: Concurrent PLI scheme, dedicated fund, tax sops: TRAI moots ways to spur networking, telecom gear manufacturing
The Telecom Regulatory Authority of India (TRAI) has proposed a 'concurrent PLI scheme' aimed at promoting manufacturing of networking and telecom gear in India. The recommendations include tax benefits, a dedicated master fund, and incentives for design-led PLI schemes. TRAI also suggests lower corporate income tax for companies engaged in R&D manufacturing and with a significant turnover from owned intellectual property rights.
Source: indiatimes.com
