The Department of Telecommunications (DoT) notified the Production Linked Incentive (PLI) Scheme with the objective to boost domestic manufacturing, investments and export in the telecom and networking products.
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The PLI Scheme will be implemented within the overall financial limits of Rs 12,195 crore for implementation of the Scheme over a period of five years. For MSME category, financial allocation will be Rs 1,000 crore.
The objective of this PLI scheme is to make India a global manufacturing hub for telecom and networking products by boosting domestic manufacturing, investments and exports in the sector.
Small Industries Development Bank of India (SIDBI) has been appointed as the Project Management Agency (PMA) for the PLI scheme.
The scheme will be effective from 1st April, 2021. The support under the Scheme shall be provided for a period of five (5) years, i.e. from FY 2021-22 to FY 2025-26.
The PLI Scheme will be implemented within the overall financial limits of ₹ 12,195 Crores only over a period of 5 years. For MSME category, financial allocation will be ₹1000 Crores. The scheme will be effective from 1st April, 2021. The support under the Scheme shall be provided for a period of five (5) years, i.e. from FY 2021-22 to FY 2025-26.
The PLI Scheme will be implemented within the overall financial limits of ₹ 12,195 Crores only over a period of 5 years. For MSME category, financial allocation will be ₹1000 Crores.
