It has also suggested continuing the policy of disincentivising imported phones until the end of the decade as a key measure to boost the manufacturing of 6G devices.
The existing PLI scheme, now in its fourth year of a fiveyear term, is set to end in 202526. Companies like Apple Inc, its vendors, South Korean giant Samsung, and homegrown electronics manufacturing services (EMS) players like Dixon Technologies (India) have been among its main beneficiaries. The scheme offers incentives ranging from 4-6 per cent to eligible companies and has a budget allocation of ₹45,000 crore.
The working group has members from the Department of Telecommunications (DOT), Centre for Development of Telematics (C-DOT), Telecommunication Engineering Centre (TEC), IISc Bangalore, and Indian Institutes of Technology (IITS).
This story is from the October 23, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the October 23, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Setting the dial to 2030, Bharat 6G Alliance seeks PLI extension
The working group on device technology, sensors, and manufacturing systems, formed under the aegis of the Bharat 6G Alliance, has recommended extending the production-linked incentive (PLI) scheme for mobile devices until 2030.
Pre-approved loans easy but customers must be cautious
Credit access has become easy as banks and other financial institutions offer pre-approved loans in minutes, but financial say consumers must advisors exercise caution.
CRISIL SME TRACKER: Uptick in production volume to benefit auto component SMEs
The revenue of domestic auto component manufacturers is projected to increase 8-10 per cent onyear in FY25, driven by demand from original equipment manufacturers (OEMs) and the replacement market.
₹4.25 trn transmission infra needed by 2027
National Electricity Plan says investment must to meet power demand
Fear low credit score? Avoid one-time loan settlement
Private sector banks like Axis, Kotak Mahindra, and RBL have reported an increase in non-performing assets in their unsecured loan portfolios, which include credit cards and personal loans. Instead of panicking, here's how individuals nearing default, or those who have already defaulted can deal with the situation.
Crude oil may slip to low $60s by 2025-end
Weak demand outlook weighs on prices after recent highs: Analysts
Sebi issues showcause notice to Adani Energy
The Securities and Exchange Board of India (Sebi) has sent a showcause notice to Adani Energy Solutions over alleged wrongful categorisation of certain investors as public shareholders, the company disclosed in an exchange filing on its quarterly results on Tuesday.
Mkts log worst 1-day fall in 3 weeks amid FPI exit
Benchmark indices logged their biggest single-day fall in three weeks as sustained selling from overseas investors and earnings disappointment weighed on investment sentiment.
SEBI DIRECTS REGULATED ENTITIES TO END TIES WITH UNREGISTERED ADVISORS
The Securities and Exchange Board of India (Sebi) on Tuesday restricted the association of registered entities and their agents with people who provide financial advice without registration or make claims of return or performance in the securities market.
Capacity expansion may drive gains for CG Power
The results of CG Power and Industrial Systems (CG Power) disappointed in terms of margins while witnessing strong order inflows. The company is focusing more on transformers rather than motors.
