As per industry sources, the government of India has finalised Production Linked Incentive (PLI) norms for the telecom and network equipment manufacturing. Recently, the cabinet had approved the broader PLI scheme worth Rs 122 billion to boost local manufacturing of telecom gear for both the domestic market and exports.
The scheme will cover core transmission equipment, 4G/5G and next-generation radio access network and wireless equipment, access and customer premise equipment (CPE), internet of things (IoT) access devices, and enterprise equipment such as switches and router.
Further, the government is also reportedly planning to set-up a committee that will carry out a holistic review of the scheme, including ceilings, rate, target segments, and eligibility criteria.
The scheme is expected to be notified within 2 weeks of cabinet approval. Once the scheme is notified, the government may invite applications within 4 weeks of such date.
The government is aiming to implement the PLI schemes from April 2021.
