The government has approved 31 companies comprising 16 medium and small enterprises (MSMEs) and 15 non-MSMEs (8 domestic and 7 global companies) under the telecom PLI scheme, and expects an incremental production of around ₹1.82 lakh crore.
Devusinh Chauhan, Minister of State in the Ministry of Communications, said, “ It will help in reducing India’s dependence on other countries for import of telecom and networking products. Government is helping you (industry players) as a catalyst.”
According to the Department of Telecommunications, the 31 applicants are expected to invest ₹3,345 crore in the next four years and generate incremental employment for more than 40,000 people and boost domestic Research & Development (R&D) of new products, on which 15 percent of the committed investment could be invested. Support under the scheme will be provided for a period of five years -- from FY2021-22 to FY2025-26.
Chauhan also urged the industry leaders to focus on making high quality products and expressed the commitment to provide incentives and support to promote world-class manufacturing in the country.
The eligible domestic companies under the non-MSME category include Akashastha Technologies, Dixon Electro Appliances, HFCL Technologies, ITI, Neolync Tele Communications, Syrma Technology, Tejas Networks and VVDN Technologies.
The eligible global companies (their Indian subsidiaries) under non-MSME who were selected for the PLI scheme include Commscope India, Flextronics Technologies (India), Foxconn Technology (India), Jabil Circuit India, Nokia Solutions and Networks India, Rising Stars Hi-Tech, and Sanmina-SCI India.
The MSME companies include Coral Telecom, Elcom Innovations, Frog Cellsat, GDN Enterprises, GX India, Lekha Wireless, STL Networks, Synegra Ems, Systrome Technologies and Tianyin Worldtech India.
