Production Linked Incentive (PLI) scheme for Promoting Telecom & Networking Products Manufacturing in India
With the objective to boost domestic manufacturing, investments and export in the telecom and networking products Department of Telecommunications (DoT) notified the “Production Linked Incentive (PLI) Scheme” on 24th February 2021.The PLI Scheme will be implemented within the overall financial limits of ₹ 12,195 Crores only (Rupees Twelve Thousand One Hundred and Ninety-Five Crore only) for implementation of the Scheme over a period of 5 years. For MSME category, financial allocation will be ₹1000 Crores. Small Industries Development Bank of India (SIDBI) has been appointed as the Project Management Agency (PMA) for the PLI scheme.The scheme will be effective from 1st April, 2021. Investment made by successful applicants in India from 1 st April, 2021 onwards and up to Financial Year (FY) 2024-2025 shall be eligible, subject to qualifying incremental annual thresholds. The support under the Scheme shall be provided for a period of five (5) years, i.e. from FY 2021-22 to FY 2025-26.
|Amendments in Guidelines for Production Linked Incentive Scheme for Promoting Telecom and Networking Products Manufacturing in India|
|PLI Scheme Notification|
|Guidelines for Production Linked Incentive (PLI) scheme for Promoting Telecom & Networking Products Manufacturing in India|
|Launch of PLI scheme from 04.06.2021||Press note dated 03.06.2021|
|Timelines under PLI scheme|