City
Epaper

Centre extends design-led telecom PLI scheme application date in 5G era

By IANS | Updated: August 4, 2022 17:30 IST

New Delhi, Aug 4 In a bid to build a strong ecosystem for 5G in the country after ...

Open in App

New Delhi, Aug 4 In a bid to build a strong ecosystem for 5G in the country after a successful 5G spectrum auction, the government on Thursday extended the last date for submission of applications under the design-led manufacturing scheme till August 25.

The Department of Telecommunication had notified the design-led production-linked scheme (PLI) scheme on February 24, 2021, with a financial outlay of Rs 12,195 crore.

The guidelines for the production-linked incentive (PLI) scheme for telecom and networking Products have been amended with effect from April 1, to introduce design-led manufacturing with additional one percent incentive rates.

The registration process for design-led manufacturing under the PLI scheme started from June 21.

Earlier, the last date for submission of the application was extended till August 5.

The Department of Telecom (DoT) in June announced an incentive scheme for design-led manufacturing, along with extending the duration of production-linked incentive (PLI) scheme by a year.

DoT also approved addition of 11 new telecom and networking products to the existing list, based on suggestions from the stakeholders.

The design-Led manufacturing is primarily aimed to support efforts for designing telecom products in India.

The government has also approved addition of 11 new telecom and networking products to the existing list, and announced to give an additional incentive rate of 1% over and above existing incentive rates.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Department of telecommunicationPliindiaNew DelhiThe new delhi municipal councilDelhi south-westIndiUk-indiaRepublic of indiaIndia indiaNew-delhi
Open in App

Related Stories

InternationalIndian Student in Canada Shares Gruelling Work-Study Routine, Internet Reacts

InternationalDonald Trump Hellhole Remarks: Iran’s Mumbai Consulate Takes Dig at the US President With Cultural Jab

InternationalIranian President Calls for Constructive Role of Brics to Halt West Asia Conflict During Talks With PM Modi

LifestyleEid 2026 Date: When Will Saudi Arabia, UAE and India Celebrate Eid-ul-Fitr?

MaharashtraMaharashtra CM Devendra Fadnavis Unfurls 200-Foot National Flag at Nagpur’s Kasturchand Park

Technology Realted Stories

TechnologyDGCA directs OEM to inspect fuel control switch in presence of its officers for Air India

TechnologyCMFRI study reveals complex mating patterns in Indian Squid

TechnologyHere's why the POCO X8 Pro Max is built differently

TechnologyFM Sitharaman urges top US nuclear firms to invest in India

TechnologyGlobal AI spending expected to surge 47 pc to $2.59 trillion in 2026