NEW DELHI, Oct 3: The Department of Telecommunications (DoT) has kept in abeyance its order that had expanded the list of telecom products a government
PLI scheme for telecom gear to make India a global manufacturing hub: Industry
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Last Updated: Jun 03, 2021, 09:10 PM IST
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Synopsis
The Cellular Operators Association of India (COAI), which represents service providers and gear vendors, said that the production-linked incentive (PLI) scheme will boost local manufacturing, exports and also create employment opportunities.
Agencies
The Telecom Equipment Manufacturers’ Association (TEMA) which represents domestic telecom companies lauded the separate financial outlay of Rs 1000 crore earmarked for MSMEs.
Government’s plan to incentivise production of telecom equipment and networking hardware will help establish the local manufacturing ecosystem of these products, encourage research and development, attract large investments and boost small enterprises, industry executives said.