Telecom Sector PLI Scheme to Benefit 33 Companies

Telecom News : The Indian government has shortlisted 33 companies for being a part of the Production Linked Incentive (PLI) scheme for the telecom sector. The scheme will offer these companies benefits worth Rs 12,000 crore if they are able to meet their manufacturing or production goals within the desired time and inside the boundaries of India. The government had announced the PLI scheme for various sectors earlier this year. On February 24, 2021, the Indian government had said the telecom sector would get a PLI scheme too, which will offer benefits worth Rs 12,195 crore.

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