Some leading telecom equipment manufacturers might be interested in the government’s Production Linked Incentive (PLI) scheme announced on Wednesday. They include Nokia and Ericsson, Singapore-based electronics manufacturing service company Flex (earlier named Flextronics), Taiwan's Foxconn, besides Jabil Inc, Cisco, Ciena, and Samsung, which is a telecom vendor to Reliance Jio.
Under the PLI scheme, companies will enjoy a 4-6 per cent incentive annually across five years on their production value in India, provided they make incremental investments. The government ...
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