Govt grants approval to 42 companies for telecom networking products
The Statesman Delhi|November 01, 2022
In a major boost to Prime Minister Narendra Modi’s vision of ''Atmanirbhar Bharat'', the Ministry of Communications granted approval to 42 companies, including 28 MSMEs, under the PLI Scheme for telecom and networking products.
Govt grants approval to 42 companies for telecom networking products

Of this, 17 companies have applied for additional incentive of one per cent under design-led manufacturing criteria. These 42 companies have committed investment of Rs. 4,115 crores. This is expected to generate additional sales of Rs. 2.45 Lakh crores and create additional employment of more than 44,000 over the scheme period.

This story is from the November 01, 2022 edition of The Statesman Delhi.

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This story is from the November 01, 2022 edition of The Statesman Delhi.

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