Read more about PLI scheme for telecom: DoT issues guidelines, caps expenditure on R&D on Business Standard. If a company invests Rs 100 crore, it can account for Rs 5 crore as technology transfer and Rs 15 crore as R&D expenditure.
Applicants can start the registration process for the scheme from June 1, 2021, at pli-telecom.udyamimitra.in. The application window will be open for 30 days i.e. up to 3rd July 2021
PLI scheme for telecom gear to make India a global manufacturing hub: Industry
SECTIONS
Last Updated: Jun 03, 2021, 09:10 PM IST
Share
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.
Centre issues rules for second PLI plan for pharma worth ₹15,000 cr
Premium
(Photo: Bloomberg)
Read Full Story
The government on Tuesday said it will offer as many as 55 drugmakers a total of ₹15,000 crore in production-linked incentives for six years through FY29 to boost manufacturing of medicines, in-vitro diagnostics and their raw materials in India.
The incentives, similar to cashbacks, would be given to the drugmakers as a proportion of incremental sales, over and above the revenue generated by the product in the financial year 2019-20.
MORE FROM THIS SECTIONSee All
Premium Premium
Premium Premium
Premium Premium
Premium Premium Sebi bans two Infosys employees for insider trading