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PLI Scheme for Telecom Sector: A Game-Changer
The Business Guardian
|March 23, 2025
Launched on February 24, 2021, with an initial outlay of Rs 12,195 crore, the PLI scheme aims to bolster domestic manufacturing, reduce dependency on imports, and promote innovation in the telecom and networking industry.
The Production Linked Incentive (PLI) scheme for telecom and networking has generated export sales exceeding Rs 14,000 crore, driving significant growth in India's domestic telecom manufacturing sector.
Dr Pemmasani Chandra Sekhar, Minister of State for Communications and Rural Development in Rajya Sabha, as of January 31, 2025, beneficiaries of the scheme have invested Rs 4,081 crore, with total sales reaching Rs 78,672 crore, which includes Rs 14,963 crore in export sales.
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