According to industry reports, the Department of Telecommunications (DoT) has clarified that the incremental investment and production starting April 1, 2021 for the companies which would be selected for the production-linked incentive (PLI) scheme for telecom equipment will be taken into account.
DoT’s response follows company’s expressing concerns regarding the delay in issuance of guidelines and notification of the scheme which could mean a smaller window for meeting the targets as the selection process has not started in the absence of guidelines.
According to industry sources, the DoT is planning to issue the guidelines this week. Further, the draft guidelines have reportedly been framed in such a manner that companies committing higher investments would stand a better chance to qualify for it. The minimum investment threshold for MSMEs has been kept at Rs 100 million and for others at Rs 1 billion.
