A new opportunity is knocking on the doors for domestic telecom equipment companies in the upcoming entry of 5G services — and they are grabbing it with both hands.
On Thursday, the Department of Telecommunications (DoT) announced the final guidelines for a production-linked incentive (PLI) scheme for telecom and network manufacturing, inviting domestic players to participate within a one-month window. Both they and global players are being offered a 4-6 per cent incentive for five years totalling over Rs 12,195 crore. DoT has also reserved three out of the 10 slots among the large players to domestic players, provided 50