Over Rs 1,500 crore left in kitty, telecom PLI 2.0 in works

New Delhi: The government is considering releasing a revised version of the production-linked incentive (PLI) scheme for telecom equipment and inviting fresh applications, as it is left with a surplus outlay of over Rs 1,500 crore with less than half of the 42 companies meeting their targets for FY23.

As per officials aware of the details, the revised scheme is expected to make some new telecom networking products eligible for incentives. Some companies have already shown interest in a revised scheme during consultations, they said.