Tejas Networks receives Rs 1.89 billion PLI incentive for FY25 from the government

Tejas Networks has received over Rs 1.89 billion from the government of India under the Production Linked Incentive (PLI) scheme for telecom and networking products, according to a recent filing with the Bombay Stock Exchange (BSE). This amount represents the first tranche, which constitutes about 85 per cent of the incentive for the first two quarters of the financial year 2025-26 (FY25).

Further, the company stated that the remaining amount will be disbursed in line with the PLI scheme guidelines at a later stage.