Business Standard

PLI scheme: Telecom eligibility criteria for companies may be raised

The incentive for companies that achieve these targets will remain 4-6 per cent

mobile phones, smartphones, cell phone
Premium

Surajeet Das Gupta New Delhi
The draft note on the production-linked incentive (PLI) scheme for promoting telecom equipment manufacturing will sharply increase the threshold for eligibility in the case of global as well as domestic companies.

The note, under discussion by the Department of Telecommunications (DoT), has set a target that 80 per cent of incremental production in value terms under the PLI will be for exports.

Global companies like Ericsson, Nokia, Huawei, or Samsung will require making an incremental investment of Rs 750 crore (earlier it was Rs 600 crore) in four years and undertake incremental sales (net of taxes) from the base year starting with

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 13 2020 | 6:05 AM IST

Explore News

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.

Register to read more on Business-Standard.com