PLI scheme: Telecom eligibility criteria for companies may be raised

The incentive for companies that achieve these targets will remain 4-6 per cent

The draft note on the production-linked incentive (PLI) scheme for promoting telecom equipment manufacturing will sharply increase the threshold for eligibility in the case of global as well as domestic companies.

The note, under discussion by the Department of Telecommunications (DoT), has set a target that 80 per cent of incremental production in value terms under the PLI will be for exports.

Global companies like Ericsson, Nokia, Huawei, or Samsung will require making an incremental investment of Rs 750 crore (earlier it was Rs 600 crore) in four years and undertake incremental sales (net of taxes) from the base year starting with