Govt to roll out PLI scheme to boost domestic telecom equipment production

The Department of Telecom is working on rolling out a Rs 15,000-crore worth production-linked incentive (PLI) scheme to promote the domestic production of telecom equipment.

The DoT is preparing the draft cabinet note to provide financial incentives to companies that produce 5G telecom equipment. The scheme is expected to be launched in 3 to 4 weeks, said a DoT official.

The scheme’s primary aim would be to boost the domestic production of telecom equipment and reduce the dependence of Chinese suppliers.

State-run Indian Telephone Industries Limited (ITI), Sterlite Technology, Tejas Network, and Himachal Futuristic Communications Ltd. (HFCL) are some of the domestic players involved in the manufacturing of telecom equipment.