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

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.
 
Global players approved by the DoT are Foxconn, Nokia India, Rising Star, Flextronics, Flex, Sabrina, and Commscope. Tejas, Dixon Technologies, VVDN Technologies, NeoLync, Syrma, Akashastha Technologies, ITI, and HFCL Group are among the domestic companies that will now be eligible for the PLI scheme.
 
The industry has welcomed the move of the central government. “Telecom is the backbone of a digitally connected India, and this scheme is envisioned to provide