 "Telecom gear")
Global and domestic companies have petitioned the government to extend the production linked incentive (PLI) scheme for telecom and network products by a year. The scheme began on April 1 and lasts until 2025-26.
Some of the companies have made it clear that they will not be able to meet their stiff incremental investment and production targets for the first year (2021-22). The reason, say equipment companies, is that the final government permission only came as late as November, leaving them with only four months to meet their targets.
What’s more, global telecom gear makers who operate through contract manufacturers
