Government approves 31 investment proposals worth Rs 33.45 billion under PLI scheme for telecom equipment manufacturing

Department of Telecommunications (DoT) has approved the investment proposals of 31 companies, amounting to Rs 33.45 billion over next four years, under its production-linked incentive scheme for telecom and network equipment manufacturing. These companies include 16 micro, small and medium enterprises (MSMEs) and 15 non-MSMEs (eight domestic and seven global).