PLI: DoT sets norms for Rs 12,195-cr telecom gear manufacturing scheme

The Department of Telecommunications (DoT) on Thursday issued operational guidelines for the Rs 12,195-crore PLI scheme for the telecom sector.

The registration process for the scheme will begin on Friday and remain open for 30 days till July 3, DoT said in a statement.

The scheme, which will be effective from April 1, 2021, will provide incentives to eligible companies on their investments and incremental sale, from the ongoing financial year till 2025-26.

“…after extensive consultations with stakeholders, the operational guidelines for the scheme have been issued on June 3, 2021.

“The scheme envisages to create global champions out of India who have the potential to grow in size and scale using cutting-edge technology and thereby penetrate the global value chains,” DoT stated.