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ADC India Comm - Adc india comm - Follow Thread
( 43 days ago )
  akm57anilmaghan  40 followers
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Commscope ADC Communication parent bags Production Linked Incentive (PLI) Scheme For Promoting Telecom And Networking Products Manufacturing In India. The PLI Scheme is being launched by DoT with the objective to boost domestic manufacturing in the telecom and networking products by incentivising incremental investments and turnover with total outlay of ₹ 12,195 crore. The scheme is effective from 1st April, 2021. Investment made by successful applicants in India from 1st April, 2021 onwards and up to FY 2024-25 shall be eligible, subject to qualifying incremental annual thresholds. The support under the Scheme shall be provided for a period of five (5) years, i.e. from FY 2021-22 to FY 2025-26.As per Scheme and Scheme Guidelines, a total of 31 companies, comprising of 16 MSMEs and 15 Non-MSMEs (8 Domestic and 7 Global companies) have been found eligible and are being given approval under Production linked Incentive (PLI) Scheme of Department of Telecommunications (DoT), Ministry of Communications. The eligible global companies under Non MSME category are Commscope, Flextronics, Foxconn, Jabil, Nokia, Rising Stars, Sanmina. ( 14 days ago )
  meghanakshatra  73 followers
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