Telecom and networking equipment PLI norms finalised for cabinet approval
Updated : January 19, 2021 03:15 PM IST
The PLI benefits include 7 percent for MSME companies per year on eligible incremental sales for the 5 years period.
Similarly, Non-MSME companies will be eligible for a 6 percent incentive in the first and second year, 5 percent in the third and fourth year, and 4 percent in the fifth year.
The aim is to implement PLI schemes starting in April 2021 and the allocation for the telecom and networking equipment PLI is Rs 12,195 crore.
Published : January 19, 2021 03:13 PM IST