32 cos submit applications for design-led incentive scheme of telecom

As many as 32 companies have submitted applications for Design-led Incentive Scheme (DLI) and Production Linked Incentive (PLI) scheme of telecom, according to an official release. The Design-led Incentive scheme has received an "enthusiastic response" from telecom equipment manufacturers, it said. "A total of 32 companies...have submitted applications. 17 of these 32 companies have applied as Design-led manufacturers and remaining as Production linked manufacturers," the statement said but did not give the names of applicants. Production Linked Incentive scheme in telecom sector was launched in 2021. A total of 31 companies are existing beneficiary for manufacturing of various telecom equipment under the said scheme. Moreover, in order to promote the entire value-chain in telecom manufacturing, design-led PLI was launched in June 2022. It provided additional incentive of 1 per cent over and above the existing incentives for products that are designed in India. The application wi

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