India's Telecom Manufacturing Boost: PLI Scheme Generates Over 26,000 Jobs

Events & Jobs Events

Posted by NewAdmin on 2025-03-24 08:54:08 |

Share: Facebook | Twitter | Whatsapp | Linkedin Visits: 61

---

On February 24, 2021, the Department of Telecommunications (DoT) introduced the Production Linked Incentive (PLI) scheme to promote domestic manufacturing of telecom and networking products in India, with a financial outlay of ₹12,195 crore, according to an official statement.

The statement highlighted that, as of January 31, beneficiaries had invested ₹4,081 crore, achieving total sales of ₹78,672 crore, including exports worth ₹14,963 crore. The initiative has also created employment opportunities for 26,351 individuals.

To enhance domestic manufacturing and provide greater flexibility, the scheme guidelines have been revised. An additional 1% incentive is now offered for products designed, developed, and manufactured in India to encourage design-led production.

Furthermore, 11 new items have been added to the approved product list based on industry demand. Companies can now incorporate these products at any time during the scheme and file incentive claims quarterly. Covering 33 telecom and networking products, the scheme aims to bolster India's manufacturing sector. This information was shared by Dr. Pemmasani Chandra Sekhar, Minister of State for Communications and Rural Development, in a written response to the Rajya Sabha on March 20.

Go!