PLI: India to receive ₹3,300-Cr investment from 31 companies over 4 years in telecom

India is set to receive an investment of about ₹3,300 crore from 31 domestic and multinational companies over a period of four years under the ambitious production-linked incentive or PLI scheme that is expected to employ as many as 40,000 individuals in the telecom sector.

Following the incentive package unveiled early this year, proposals from as many as 31 companies that included 16 micro, small and medium enterprises (MSME), seven multinationals and eight domestic players have been approved by the telecom department (DoT).