The Department of Telecommunications (DoT) has notified the Production Linked Incentive (PLI) Scheme in February 2021 to promote telecom and networking products, effective from April 1, 2021. The applications were invited from April 4, 2021 to July 3, 2021. Some 31 eligible applications were approved on October 14 2021. For including design-led manufacturing, the Scheme Guidelines were amended on June 20 this year. These amendments have been effective since April 1. Applications were invited from June 21 to August 25 this year. Some 14 existing companies continued with the same sanctioned incentives. There were 32 applications and 28 eligible applications were approved on October 31, 2022. Based on their eligibility, presently there are a total 42 companies approved under the PLI scheme. Out of 42 companies, 17 companies are with design-led manufacturing products.
These 42 companies have committed investment of Rs 4,115 crore, additional sales of Rs 2.45 lakh crore and will create employment of more than 44,000 over the scheme period. The number of applicants indicate the response from industry for making India a global manufacturing hub for telecom and networking products.
The PLI Scheme for telecom and networking product was notified on February 24, 2021 and is effective from April 1 2021 only. During the Financial Year 2021-22, there is additional investment of Rs 420 crore, sales of Rs 9,019 crores, and employment of 4,938 numbers. The list of companies with State and UT-wise is given below:
State and UT-wise PLI Beneficiaries
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