The Guidelines for the Production linked incentive (PLI) Scheme for Telecom and Networking Products have been amended to introduce the Design-led Manufacturing with additional incentive rates.
The PLI Scheme has been amended to facilitate Design-Led Manufacturing with additional incentive rate of one percent over and above existing incentive rates.
Communications Ministry said in a release that this was done after consultations with stakeholders.
The Union Budget 2022-23 has
proposed to launch a Scheme for design-led manufacturing as part of the existing PLI Scheme to build a strong ecosystem for 5G. Addition of 11 new telecom and networking products have also been approved to the existing list.
For promoting design-led manufacturing, Department of Telecommunications is inviting applications from Design-led manufacturers as well as others, for availing incentive under the PLI Scheme for five years commencing from 1st of April this year.