As per industry sources, around 25 telecom gear makers, including Nokia and HFCL, have applied under the Rs 121.95 billon production linked incentive (PLI) scheme for the telecom sector.
Further, indigenous players Tejas Networks and Dixon Technologies have confirmed that they will apply for the scheme before the deadline of July 03, 2021.
Under the scheme, an investor can get the incentive for incremental sales up to 20 times the committed investment, enabling them to reach global scales and utilise their unused capacity and ramp up production.
