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Cabinet approves PLI scheme for telecom sector worth Rs 12,195 crore

Posted bySumit Arora Published On February 19th, 2021 Leave a comment on Cabinet approves PLI scheme for telecom sector worth Rs 12,195 crore
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Cabinet approves PLI scheme for telecom sector worth Rs 12,195 crore_4.1

The Union Cabinet approved a Rs 12,195-crore Production Linked Incentive (PLI) scheme for domestic manufacturing of telecom and networking products such as switches, routers, radio access network, wireless equipment and other IoT access devices. Through this decision, the government aims to offset the imports of telecom equipment worth more than Rs 50,000 crore and reinforce it with “Made in India” products both for domestic markets and exports.

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About the PLI scheme:

  • The support under the PLI scheme will be provided to companies manufacturers of specified telecom and networking products in India like Gigabit Passive Optical Networks (GPON), base routers, Dense Wavelength Division Multiplexing (DWDM), Multiprotocol Label Switching (MPLS/ IPMPLS) and 5G/4G radios.
  • The government will soon come up with a PLI scheme to encourage the production of laptops and tablet PCs.

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About the Author
Sumit Arora
Sumit Arora
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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.

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