India’s telecom manufacturing sales surpass Rs 50,000 crore under PLI scheme

NEW DELHI: Telecom equipment manufacturing sales have surpassed Rs 50,000 crore within three years of the launch of the Production Linked Incentive (PLI) Scheme for telecom in the country.

According to the Department of Telecommunications (DoT), the scheme has attracted investments totalling Rs 3,400 crore and resulted in the export of equipment worth Rs 10,500 crore. Furthermore, the PLI scheme has generated more than 17,800 direct jobs and numerous indirect jobs.”