TRAI moots PLI scheme to spur telecom gear production

TRAI has mooted ‘concurrent PLI scheme’ focussing on components and sub-assembly manufacturing to facilitate collaborated production activities, as it released an extensive set of recommendations to promote manufacturing of networking and telecom gear in India through tax benefit, dedicated master fund and other sweeteners.

With a sharp gaze on goals of scaling domestic production and local value addition in global value chains, TRAI in its recommendations favoured additional two per cent benefit under the design-led PLI scheme for product lines meeting a certain criteria, while also talking of a dedicated ‘Networking and Telecommunications Equipment Development’ fund.