{"id":255938,"date":"2021-10-22T11:30:08","date_gmt":"2021-10-22T06:00:08","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=255938"},"modified":"2021-10-22T11:33:44","modified_gmt":"2021-10-22T06:03:44","slug":"pli-scheme-for-promoting-telecom-and-networking-products-manufacturing-launched-in-india","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/22\/pli-scheme-for-promoting-telecom-and-networking-products-manufacturing-launched-in-india\/","title":{"rendered":"PLI scheme for Promoting Telecom and Networking Products Manufacturing launched in India"},"content":{"rendered":"<p style=\"text-align: justify;\"><span data-contrast=\"auto\">The Ministry of Communication\u00a0has launched the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products on October\u00a014,\u00a02021.\u00a0The Scheme\u00a0will be effective from 1st April, 2021\u00a0and seeks to\u00a0boost domestic manufacturing in the telecom and networking products by incentivising incremental investments and turnover with total outlay of \u20b9 12,195 crore.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">The\u00a0Investments\u00a0made by successful applicants in India from 1st April, 2021 onwards and up to FY 2024-25 shall be eligible, subject to qualifying incremental annual thresholds. The support under the Scheme shall be provided for a period of five (5) years,\u00a0i.e.\u00a0from FY 2021-22 to FY 2025-26.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">The scheme is expected to boost domestic Research &amp; Development of new products on which 15% of the committed investment could be invested. As per Scheme and Scheme Guidelines, a total of 31 companies, comprising of 16 MSMEs and 15 Non-MSMEs (8 Domestic and 7 Global companies) have been found eligible and are being given approval under Production linked Incentive (PLI) Scheme of Department of Telecommunications (DoT), Ministry of Communications.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><i><span data-contrast=\"auto\">Source: Press Information Bureau<\/span><\/i><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><span style=\"color: #0000ff;\">*Tanvi Singh, Editorial Assistant has reported this brief.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Communication\u00a0has launched the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products on October\u00a014,\u00a02021.\u00a0The Scheme\u00a0will be effective from <\/p>\n","protected":false},"author":121,"featured_media":255939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-255938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>PLI scheme for Promoting Telecom and Networking Products Manufacturing launched in India | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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