DoT starts releasing PLI funds, pays Rs 28 crore to Tejas

NEW DELHI : The Department of Telecommunication (DoT) has begun releasing funds to companies participating in the production-linked incentive (PLI) scheme for telecom and network products.

About Rs 27.78 crore was released to Tata Group-backed Tejas Network on Thursday. As per DoT officials, the government plans to allocate about Rs 350 crore in the second year to companies like Nokia, Jabil, HFCL, and VVDN that have opted for the scheme. “The DoT has started releasing funds,” said an official. “This year, the government will disburse around Rs 350 crore to companies availing the PLI scheme.”