Politics
India weighs up to ₹7,000 crore telecom PLI scheme
Livemint··6d ago
India is weighing a production-linked incentive scheme worth ₹6,000 to ₹7,000 crore to deepen telecom manufacturing. The current ₹12,195 crore programme ends in March, two officials told Livemint. The five-year plan targets 9,000 direct jobs, ₹3 trillion in sales and ₹1.5 trillion in exports. PLI investments totalled ₹2.4 trillion by March 2026, commerce ministry data said.
Prism
What It Means For You
- Equipment makers could see deeper component incentives after the March sunset.
- Finance ministry officials are reviewing the telecommunications department proposal.
- Industry consultations have already shaped the next scheme's focus areas.
What's Happening
- The current telecom PLI launched in February 2021 over five years.
- Fourteen national PLI schemes together created over 1.4 million jobs, officials said.
- Additional exports from all PLI schemes reached ₹15.2 trillion by March 2026.
Telecom PLI succession
- The existing scheme emphasised final product assembly, the officials said.
- The new plan would push semiconductors, optical parts and printed circuit boards.
- Telecom is designated critical national infrastructure in government planning.
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