Ministry of Communications
PRODUCTION LINKED INCENTIVE SCHEME FOR TELECOM AND NETWORKING PRODUCTS
Posted On:
11 DEC 2024 4:10PM by PIB Delhi
In order to promote manufacturing of telecom products and reduce import dependency, the Department of Telecommunications (DoT) notified the Production Linked Incentive (PLI) for telecom and networking products vide Gazette Notification No. 13-01/2020-IC dated 24.02.2021 prescribing detailed incentive structure and eligibility criteria, the notification is available at https://dot.gov.in/pli-scheme . The scheme guidelines were amended in June, 2022 offering 1% additional incentive for products designed, developed and manufactured in India.
Total 42 beneficiaries have been approved under the PLI Scheme for telecom and networking products. As on 31.10.2024, details of committed investment vis-a-vis actual investment made by Micro, Small and Medium Enterprises (MSMEs) and non-MSMEs is as below:
(Amount in Rs. Crore)
|
Category
|
Committed Investment
|
Actual Investment
|
|
MSME
|
644
|
369
|
|
Non-MSME
|
3,370
|
3,629
|
|
Total (in approx.)
|
4,014
|
3,998
|
This information was given by the Minister of State for Communications and Rural Development, Dr.Pemmasani Chandra Sekhar in a written reply to a question in Lok Sabha today.
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SB/ARJ
(Release ID: 2083236)
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