According to the Department of Telecommunications (DoT), only 21 out of 42 manufacturers eligible under the telecom production-linked incentive (PLI) scheme have received incentive pay-outs, as of March 31, 2025. The DoT disclosed that the total disbursement under the scheme has reached Rs 11.62 billion so far.
Launched on April 1, 2021, the telecom PLI scheme is set to conclude in the current financial year (FY). The scheme had an earmarked outlay of Rs 41.15 billion, with the government projecting that the scheme would generate Rs 2.45 trillion in incremental sales and over 44,000 jobs during its operational period.
According to the DoT, two companies, Coral Telecom Limited (FY 2021–22) and Alphion India Private Limited (FY 2022–23), failed to meet the eligibility thresholds and were denied incentives for the respective years. Some firms were reportedly white-labelling imported products, which diluted local manufacturing efforts and narrowed profit margins.
By January 2025, participating firms had invested Rs 40.81 billion, generating total sales of Rs 786.72 billion, including exports worth Rs 149.63 billion. The scheme also facilitated employment for 26,351 individuals across the participating firms.
Further, Jabil Circuit emerged as the largest beneficiary, receiving Rs 2.35 billion in incentives across FY23 and FY24. It was followed by Flextronics (Rs 1.65 billion), Nokia (Rs 1.57 billion), NeoLync Telecommunications backed by Reliance Industries (Rs 1.42 billion), Foxconn’s Rising Stars (Rs 803.3 million), and Syrma SGS (Rs 532.3 million).
Other recipients with smaller disbursements included VVDN Technologies (Rs 483.7 million), Sanmina-SCI (Rs 443.5 million), Dixon India (Rs 347.8 million), and GX India (Rs 209.1 million), with incentive amounts remaining under the Rs 500 million mark.