Government Extends Application Deadline for Design-led Manufacturing Incentives Under PLI Scheme for Telecom, Networking Products

Article By : PIB India

The government has extended the date for submission of applications under the PLI scheme for telecom and networking products.

Established on February 24, 2021, with a financial outlay of Rs12,195 crores, the Production Linked Incentive (PLI) Scheme for Telecom & Networking Products aims to build a strong ecosystem for 5G in the country. The guidelines have been amended with effect from April 1, 2022, to introduce Design- led Manufacturing with additional 1% incentive rates.

The registration process for applicants for design-led manufacturing under the PLI Scheme for Telecom and Networking Products started on June 21, 2022. The last date for submission of the application was initially fixed as July 20, 2022, which was extended till August 5, 2022.

Keeping in view  the requests made by some of the interested companies, the government has decided to further extend the last date for submission of applications on the Scheme Portal (https://plitelecom.udyamimitra.in) up to August 25, 2022.

 

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