The Department of Telecommunication (DoT) has amended the Production Linked Incentive (PLI) scheme for promoting telecom and networking products manufacturing, based on the feedback of stakeholders. For the promotion of design-led manufacturing, telecom department has invited applications from Design-led manufacturers others, to avail incentives under PLI Scheme for five years starting from April 1, 2022.

• DoT has extended the scheme by one year.
• It has announced an additional 1% incentive rate, over and above the existing rates.
• Existing PLI beneficiaries will have an option to select either financial year 2021-22 or financial year 2022-23 as first year of incentive.
• 11 new telecom and networking products has been approved to the existing list, on the basis of suggestions of stakeholders.
• Guidelines for PLI Scheme for Telecom & Networking Products have also been amended, in order to introduce Design-led Manufacturing along with additional incentive rates.
• Allocation for MSMEs has been increased from Rs 1000 crore to Rs 2,500 crore.