The Department of Telecommunications (DoT) has notified the Production Linked Incentive (PLI) Scheme in February 2021 to advertise telecom and networking merchandise, efficient from April 1, 2021. The programs have been invited from April 4, 2021 to July 3, 2021. Some 31 eligible programs have been licensed on October 14 2021. For together with design-led production, the Scheme Guidelines have been amended on June 20 this 12 months. These amendments had been efficient since April 1. Applications have been invited from June 21 to August 25 this 12 months. Some 14 current firms endured with the similar sanctioned incentives. There have been 32 programs and 28 eligible programs have been licensed on October 31, 2022. Based on their eligibility, right now there are a complete of 42 firms licensed beneath the PLI scheme. Out of 42 firms, 17 firms are with design-led production merchandise.
These 42 firms have dedicated funding of Rs 4,115 crore, further gross sales of Rs 2.45 lakh crore and can create employment of greater than 44,000 over the scheme duration. The choice of candidates signifies the reaction from trade for making India a world production hub for telecom and networking merchandise.
The PLI Scheme for telecom and networking merchandise used to be notified on February 24, 2021 and is efficacious from April 1, 2021 handiest. During the Financial Year 2021-22, there may be further funding of Rs 420 crore, gross sales of Rs 9,019 crores, and employment of four,938 numbers. The checklist of businesses with State and UT-wise is given beneath:
State and UT-wise PLI Beneficiaries