Image Credit: oecd.org
"A sum of 32 organizations (22 MSMEs, 5 Non-MSME Domestic and 5 Global) have submitted applications.
17 of these 32 organizations have applied as Design-drove makers and staying as Production connected producers,
" the Department of Telecommunications (DoT) said in a delivery on Friday.
"It is cheering that 18 new organizations have submitted applications.
India is ready to arise as plan and assembling center for telecom and systems administration hardware," DoT said.
Spot had sent off the PLI conspire in telecom area in February 2021 with an expense of Rs 12,195 crore spread more than five years.
A sum of 31 organizations, containing 16 MSMEs and 15 non-MSMEs including eight homegrown and
seven worldwide organizations were given endorsement for the plan in October last year.
The plan was changed in April this year to work with configuration drove producing with an extra motivation pace of 1% far beyond existing
impetus rates and a quantum of Rs 4,000 crore from the Rs 12,195 crore was saved for it
The application window for the Design-drove PLI conspire was open from 21 June till 25 August 2022.