 "Telecom sector")
The Union Cabinet approved a Rs 12,195 crore plan to incentivise local telecoms gear manufacturing over five years. The Hinduja family paid a premium to boost its stake in IndusInd Bank. Here is more about those stories.
Cabinet approves over Rs 12,000-cr PLI scheme for telecom sector: Prasad
Cabinet approves over Rs 12,000-cr PLI scheme for telecom sector: Prasad
The Union Cabinet on Wednesday approved a production-linked incentive (PLI) scheme worth Rs 12,195 crore for telecom equipment manufacturing. The decision was taken to offset the imports of telecom equipment worth more than Rs 50,000 crore and reinforce it with “Made in India” products both for domestic markets and exports. This
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