Govt to consider up to 20 times incremental sales value for telecom PLI

The government will consider up to 20 times the value of incremental sales of telecom gear makers for doling out production linked incentive, according to the norms notified on Thursday.

The incentive will be given in the range of 4-7 per cent of the incremental sales value to micro, small and medium enterprises (MSMEs) and 4-6 per cent to the rest of the companies for manufacturing telecom equipment under the scheme, which will come into effect from April 1 this year.

“The PLI Scheme will be implemented within the overall financial limits of Rs 12,195 crores only for the implementation of the Scheme over a period of 5 years,” the notification said.