PLI Scheme for Telecom and Networking Products to 42 Beneficiaries
Extended
·
DoT
extends PLI Scheme for Telecom and Networking Products to 42 beneficiaries with
a total committed Outlay of Rs. 4,115 crore
·
Design-led
Manufacturing to Build a Strong Ecosystem for 5G; 17 Companies have Applied under
Design-led PLI Scheme
·
Incremental
Production is expected around Rs. 2.45 lakh crore and PLI Scheme to Generate 44
thousand Employments
In a major boost to Prime
Minister, Narendra Modi’s vision of Atmanirbhar Bharat,
the Ministry of Communications granted approval to 42 companies including 28 MSMEs
under PLI Scheme for Telecom and Networking Products. Out of which 17 companies
have applied for additional incentive of 1% under design-led manufacturing criteria.
These 42 companies (Annexed) have committed investment of Rs. 4,115 crores. This
is expected to generate additional sales of Rs. 2.45 Lakh crores and create additional
employment of more than 44,000 over the scheme period.
To create a robust domestic
value chain, Union budget of FY2022-23 announced design-led PLI Scheme for telecom
and networking products. It provided additional incentive of 1% over and above the
existing incentives for products that are designed and manufactured in India. Design-led
PLI scheme was launched in June 2022 and applications were invited from Design-led
manufacturers as well as others, for availing incentive under the PLI Scheme for
five years commencing from 1st April 2022.
The existing companies
under PLI scheme for telecom and networking products were allowed to add more products
and apply under design led PLI scheme. They were also given the benefit of shifting
their 5-year PLI Scheme period by one year. 22 companies availed this opportunity
of shifting their first year which includes 13 companies who have applied as fresh
applicants.
The enthusiastic response
from domestic and global manufacturers to the concrete steps taken by Government
of India to encourage manufacturing in telecom equipment indicates strong confidence
in initiatives of the Government. India is poised to emerge as design and manufacturing
hub for telecom and networking equipment.
|
Annex List of Approved
Applicants under the PLI Scheme for Telecom and Networking Products |
|
|
S.No. |
Name of the Applicant |
|
1 |
Alphion
India Private Limited |
|
2 |
Candid Optronix
Pvt Ltd |
|
3 |
Coral Telecom Limited |
|
4 |
Design and Manufacturing
Vista Electronics Pvt. Ltd. |
|
5 |
Ehoome
IOT Private Limited |
|
6 |
Elcom
Innovations Private Limited |
|
7 |
Frog Cellsat
Limited |
|
8 |
GDN Enterprises Private
Limited |
|
9 |
GO IP Global Services
Private Limited |
|
10 |
GX India Private Limited |
|
11 |
Huber + Suhner Electronics Private Limited |
|
12 |
Kaynes
International Design & Manufacturing Pvt. Ltd. |
|
13 |
Lekha
Wireless Solutions Pvt Ltd |
|
14 |
Matrix Comsec
Private Limited |
|
15 |
Netlink
ICT Pvt Ltd |
|
16 |
Netweb
Technologies India Pvt. Ltd. |
|
17 |
Panache Digilife Limited |
|
18 |
Priyaraj
Electronics Limited |
|
19 |
Samriddhi
Automations Private Limited |
|
20 |
Sansap
Technology Private Limited |
|
21 |
Sixth Energy Technologies
Private Limited |
|
22 |
Skyquad
Electronics and Appliances Private Limited |
|
23 |
Surbhi Satcom Private
Limited |
|
24 |
Synegra
EMS Limited |
|
25 |
Systrome
Technologies Private Limited |
|
26 |
Tecniqua
India Private Limited |
|
27 |
Tianyin Worldtech India Private Limited |
|
28 |
Vihaan Networks Limited |
|
29 |
Dixon Electro Appliances
Private Limited |
|
30 |
HFCL Limited |
|
31 |
ITI Limited |
|
32 |
Neolync
Tele Communications Private Limited |
|
33 |
Syrma SGS Technology
Limited |
|
34 |
Tejas
Networks Limited |
|
35 |
VVDN Technologies Private
Limited |
|
36 |
Commscope
India Private Limited |
|
37 |
Flextronics Technologies
(India) Private Limited |
|
38 |
Jabil Circuit India
Private Limited |
|
39 |
Nokia Solutions and
Networks India Private Ltd |
|
40 |
Rising Stars Hi-Tech
Private Limited |
|
41 |
Samsung India Electronics
Pvt Ltd. |
|
42 |
Sanmina-Sci India Private
Limited |