Government extends PLI scheme for telecom manufacturing by a year; provides Rs 40 billion incentive for design-led manufacturing in telecom

DoT has extended the PLI scheme for telecom equipment manufacturing by a year. In addition, it has provided incentives worth Rs 40 billion with effect from June 21, 2022, to facilitate design-led manufacturing. Mean­while, DoT has approved the addition of 11 new telecom and networking products to the existing list.