New Delhi, March 21 -- The Department of Telecommunications (DoT) notified the Production Linked Incentive (PLI) scheme on February 24, 2021, to boost domestic manufacturing of telecom and networking products in India with an outlay of Rs 12,195 crore, according to release.
The release further stated that "As of January 31, beneficiaries have invested Rs 4,081 crore, generating total sales of Rs 78,672 crore, which includes export sales worth Rs 14,963 core. Additionally, it has generated employment for 26,351 individuals."
The scheme guidelines have been revised to boost domestic manufacturing and flexibility. To encourage design-led production, a 1% additional incentive has been introduced for products designed, developed, and manufac...
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