Cabinet approves PLI scheme for telecom equipment

 

by IANS |

New Delhi, Feb 17 (IANS) The Union cabinet on Wednesday approved the production linked incentive (PLI) for manufacturing of telecom equipment in India.



Accordingly, the scheme offers a incentive to boost domestic manufacturing and attract large investments in production of telecom equipment.

The aim of the scheme is to promote local manufacturing and reduce import dependence.

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