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Ericsson wants prior investments linked to PLI scheme eligibility

Ericsson's stand is significant as the draft PLI scheme stipulates that global companies have to make an incremental investment of Rs 600 crore over four years to be eligible for it

Topics
Ericsson | PLI scheme

Surajeet Das Gupta  |  New Delhi 



Nitin Bansal
Nitin Bansal, managing director of Ericsson India

India has made it clear that the draft production-linked incentive (PLI) scheme for telecom gear makers, which replicates the rules for mobile devices, will not work for them, as the scheme does not give credit to the substantial investment that the European telecom gear maker has made in India since 1994.

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First Published: Fri, October 23 2020. 06:05 IST

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