PLI scheme for telecom: DoT issues guidelines, caps expenditure on R&D

If a company invests Rs 100 crore, it can account for Rs 5 crore as technology transfer and Rs 15 crore as R&D expenditure.

The DoT, or Department of Telecommunications, which on Thursday notified the guidelines for the production-linked incentive scheme (PLI) for manufacturing telecom and networking products, has capped the expenditure as investment that global companies can make on research and development (R&D), as well as transferring technology.
 
Leading global companies and EMS (electronics manufacturing services) players have shown an interest in applying for the much-awaited scheme.
 
The threshold investment is a key element that determines the financial incentive that a company will be eligible for under the scheme.
 
As part of the detailed guidelines, only 15 per cent of