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Context:
Telecom equipment sales have crossed ₹68,700 crore under the Centre’s production linked incentive (PLI) scheme for the telecom sector within three and a half years of its launch, said Neeraj Mittal, secretary, department of telecommunications (DoT).
Key Highlights:
- The total investment under PLI scheme in telecom sector by the Centre has reached ₹3998 crore. Total sales have been ₹68,708 crore.
- The scheme generated employment for 25359 persons and encouraged local manufacturing, exports and investments in telecom and networking products.
Production Linked Incentive (PLI) Scheme
The government launched the Production Linked Incentive (PLI) Scheme that aim boosts the Indian manufacturing sector to become a global hub.
- Ministry
- Ministry of New and Renewable Energy
- Launch Date
- March 21, 2020
