News Brief
Telecom Tower
The government has said that the Production Linked Incentive (PLI) scheme for telecom and networking products has led to an investment of Rs 4,081 crore and generated sales worth Rs 78,672 crore, including exports of Rs 14,963 crore, as of 31 January 2025.
The scheme has also created employment for 26,351 individuals.
The PLI scheme, launched by the Department of Telecommunications (DoT) on 24 February 2021, aims to strengthen domestic manufacturing in the telecom sector with a total outlay of Rs 12,195 crore.
"As on 31.01.2025, beneficiaries have made an investment of Rs 4,081 crore, generating total sales of Rs 78,672 crore, which includes export sales worth Rs 14,963 core. Additionally, it has generated employment for 26,351 individuals," said Union Minister of State for Communications Pemmasani Chandra Sekhar in a written reply to a question in the Rajya Sabha.
The approved product list has been expanded with 11 new additions, and companies now have the flexibility to add one or more products from the approved list at any time during the scheme tenure.
Additionally, firms can apply for incentive claims on a quarterly basis.
The PLI scheme covers 33 telecom and networking products, against which companies can claim incentives.