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<\/span><\/figcaption><\/figure>New Delhi: The ministry of communications<\/a> has expanded the production-linked incentive (PLI) scheme for telecom and networking products with a total of 42 companies, including 28 medium and small enterprises (MSMEs), cleared for receiving sops for a total investment of Rs 4,115 crore.

Of the selected firms, 17 companies have applied for an additional incentive of 1% under design-led manufacturing criteria, the government said in a statement Monday. The selected companies under the scheme include global majors like Samsung<\/a>, Nokia<\/a>, Jabil, Rising Star (Foxconn) and Flextronics<\/a> as well as local players like HFCL, ITI, VVDN and Tejas Networks<\/a> etc.

“India is poised to emerge as a design and manufacturing hub for telecom and networking equipment,” the government said in the statement.

Additional sales of Rs 2.45 lakh crore are expected to be generated while more than 44,000 additional jobs are likely to be created over the five-year scheme period, the government said

For perspective, the Department of Telecommunications<\/a> (DoT) had notified the PLI scheme<\/a> for telecom and networking products in February 2021 with an outlay of Rs 12,195 crore. A total of 31 companies were given approval on October 14, 2021 for the scheme.

\"Centre<\/a><\/figure>

Centre releases procedural reforms, streamlines frequency allocation<\/a><\/h2>

Vaishnaw also said that telecom operators should add on at least 10,000 base transreceiver stations (BTS) every week to speed up the spread of 5G services in the country, compared with the 2,500 BTSes that are being added per week now. He added that the government had done its bit in ushering in reforms, and it is now up to the industry to show its commitment. <\/p><\/div>

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<\/span><\/figcaption><\/figure>New Delhi: The ministry of communications<\/a> has expanded the production-linked incentive (PLI) scheme for telecom and networking products with a total of 42 companies, including 28 medium and small enterprises (MSMEs), cleared for receiving sops for a total investment of Rs 4,115 crore.

Of the selected firms, 17 companies have applied for an additional incentive of 1% under design-led manufacturing criteria, the government said in a statement Monday. The selected companies under the scheme include global majors like Samsung<\/a>, Nokia<\/a>, Jabil, Rising Star (Foxconn) and Flextronics<\/a> as well as local players like HFCL, ITI, VVDN and Tejas Networks<\/a> etc.

“India is poised to emerge as a design and manufacturing hub for telecom and networking equipment,” the government said in the statement.

Additional sales of Rs 2.45 lakh crore are expected to be generated while more than 44,000 additional jobs are likely to be created over the five-year scheme period, the government said

For perspective, the Department of Telecommunications<\/a> (DoT) had notified the PLI scheme<\/a> for telecom and networking products in February 2021 with an outlay of Rs 12,195 crore. A total of 31 companies were given approval on October 14, 2021 for the scheme.

\"Centre<\/a><\/figure>

Centre releases procedural reforms, streamlines frequency allocation<\/a><\/h2>

Vaishnaw also said that telecom operators should add on at least 10,000 base transreceiver stations (BTS) every week to speed up the spread of 5G services in the country, compared with the 2,500 BTSes that are being added per week now. He added that the government had done its bit in ushering in reforms, and it is now up to the industry to show its commitment. <\/p><\/div>