DoT Receives Applications for the Telecom PLI Scheme from 32 Companies
32 businesses have submitted applications for the telecom equipment and design production-linked incentive (PLI) scheme to the Department of Telecommunication (DoT), including 22 MSMEs. What exactly is a Production-Linked Incentive Program? The central government unveiled a program in March of this year that aims to provide incentives to businesses on incremental sales from goods produced in local units in an effort to increase domestic manufacturing and reduce import costs. The... Read More