Nokia India, Foxconn, 29 others get DoT approval for PLI scheme

The DoT notified the PLI scheme for telecom and networking products on February 24 with a financial outlay of Rs 12,195 crore, over the five years

PLI scheme, electronics, smartphone, mobile, manufacturing

Premium

The core idea of this scheme is to offset the import of telecom equipment worth more than ₹50,000 crore.

New Delhi

2 min read Last Updated : Oct 14 2021 | 10:54 PM IST

The Department of Telecom (DoT) on Thursday approved 31 proposals under the production-linked incentive (PLI) scheme entailing an investment of Rs 3,345 crore over the next four-and-a-half years.

Topics : Nokia PLI scheme DoT Foxconn Dixon telecom sector

First Published: Oct 14 2021 | 10:46 PM IST

Explore News

Stock Market Updates World Heart Day 2023 Asian Games 2023 Kabaddi schedule Latest News Live Asian Games LIVE updates India Cricket World Cup Squad Hookah Ban in Haryana Gold-Silver Price MCX Share Price Asian Games 2023 September 30 schedule

Companies News

Air India completes acquisition of its 1st A350 aircraft through GIFT City Jalan Kalrock Consortium infuses Rs 100 crore in cash-strapped Jet Airways

Sports News

Asian Games 2023 September 30 schedule: India event timings, streaming Asian Games Day 6 Highlights: Historic shot put medal push IND tally to 33

India News

Punjab farmers continue three-day 'rail roko' agitation over MSP demand War in Ukraine pushes India to obtain more self-propelled guns to arsenal

Economy News

Adani partnership remains steadfast: IHC on Adani units' stake sale Sugar market eyes restrictions from India after lower monsoon rains

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Continue

Nokia India, Foxconn, 29 others get DoT approval for PLI scheme

The DoT notified the PLI scheme for telecom and networking products on February 24 with a financial outlay of Rs 12,195 crore, over the five years

Also Read

Auto PLI scheme focuses on EVs; Tata Motors, Bajaj Auto to gain: Analysts

DoT cuts bank guarantee requirement for telecom operators by 80%

DoT permits telcos to go ahead with 5G trials; Chinese companies kept out

Foxconn, Wistron, Dell and 16 other firms apply for PLI investments

Scheme for IT hardware: PLI pledges miss govt's ambitious target

ZEE MD says will continue to take steps to safeguard company, its future

Inox Wind loss narrowed to Rs 57.52 crore in July-September quarter

Smartphones worth Rs 68 cr sold every hour on e-comm platforms: Redseer

Actis to infuse $850 million into sustainable infra projects in India

Enforcement Directorate attaches assets in fraud case against STCL

Explore News