Dot OKs 42 firms for telecom products PLI, incl 17 for design PLI

The ministry of communications has expanded the production-linked incentive (PLI) scheme for telecom and networking products with a total of 42 companies, including 28 medium and small enterprises (MSMEs), cleared for receiving sops for a total investment of Rs 4,115 crore.

Of the selected firms, 17 companies have applied for an additional incentive of 1% under design-led manufacturing criteria, the government said in a statement Monday. The selected companies under the scheme include global majors like Samsung, Nokia, Jabil, Rising Star (Foxconn) and Flextronics as well as local players like HFCL, ITI, VVDN and Tejas Networks etc.