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Govt Extends Telecom PLI Scheme By One Year, Introduces Incentives For Design-Led Manufacturing To Boost Development Of 5G Ecosystem

Govt Extends Telecom PLI Scheme By One Year, Introduces Incentives For Design-Led Manufacturing To Boost Development Of 5G Ecosystem
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Indian government to provide Rs 4,000 crore incentive to boost design-led manufacturing in telecom sector

Govt announces Rs 12,195-crore PLI Scheme for telecom & Networking equipment, important dates and how to apply

Highlights Applications from June 4. Last date for application is July 3 2021. New Delhi: The Telecom Department has announced Operational Guidelines for PLI Scheme for telecom & Networking equipment worth Rs 12,195 crore with an aim  to make India a global manufacturing hub for telecom and networking products. “The PLI Scheme will be implemented within the overall financial limits of Rs  12,195 Crores only (Rupees Twelve Thousand One Hundred and Ninety-Five Crore only) for implementation of the Scheme over a period of 5 years. For MSME category, financial allocation will be Rs 1000 Crores,” said an official statement. The Telecom department has invited applications under the scheme starting from June 4. Applicants can register for the Scheme from 4th June 2021 at https://www.pli-telecom.udyamimitra.in. Application window will be open up to July 3 2021.

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