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.
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.