Telecom Equipment Manufacturing Sales Cross 50 Thousand Crore Rupees Under Production Linked Incentive Scheme

Telecom Equipment Manufacturing Sales have crossed 50 thousand Crore rupees under the Production Linked Incentive (PLI) Scheme. As per the data released by the Department of Telecommunications, investment of three thousand crore rupees has been acquired within three years of the Telecom PLI scheme. Furthermore, telecom exports of around 10 thousand 500 crore rupees have been made with more than 17 thousand 800 direct jobs and other indirect jobs. The Department also highlighted that as a result of the PLI Scheme, Networking Products and other related initiatives the gap between telecom imports and exports has reduced with the total value of goods exported being over 1 lakh 49 thousand crore rupees as against imports of over 1 lakh 53 thousand crore rupees in the financial year 23-24.