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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. ....

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Concurrent PLI scheme, dedicated fund, tax sops: TRAI moots ways to spur networking, telecom gear manufacturing

With a sharp gaze on goals of scaling domestic production and local value addition in global value chains, TRAI in its recommendations favoured additional two per cent benefit under the design-led PLI scheme for product lines meeting a certain criteria, while also talking of a dedicated Networking and Telecommunications Equipment Development fund. ....

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