Indian Government Approves More Beneficiaries under PLI Scheme for Telecom Sector: See Full List

Posted by Written by Melissa Cyrill Reading Time: 3 minutes

India’s Department of Telecommunications (DoT) has approved a total of 42 companies, including 28 micro, small, and medium enterprises (MSMEs), under the PLI Scheme for Telecom and Networking Products as of October 31, 2022 (see official notification).

17 companies have applied for the additional one percent incentive under the design-led manufacturing criteria. 

Many foreign companies choose to access the Indian market by developing a joint venture (JV) relationship with an Indian partner. In the pursuit of the JV strategy, it might make sense to establish a partnership with enterprises that are already beneficiaries of key incentive programs. Moreover, the need to diversify supply chains requires businesses worldwide to expand their sourcing networks. The Indian government hopes that through its PLI initiatives and the corresponding response from domestic and global manufacturers, the country will become a design and manufacturing hub for telecom and networking equipment.

Altogether, the 42 companies (see list below) have committed to investments worth INR 41.15 billion. The government expects this to generate additional sales of INR 2.45 trillion and create additional employment for more than 44,000 persons during the scheme period.

The federal budget for FY 2022-23 had proposed the basis for a design-led PLI scheme for telecom and networking products to create a robust domestic value chain in India. It would provide additional incentive of one percent over and above the existing incentives for products that are designed and manufactured in India.

India PLI Scheme for Design-Led Manufacturing of 5G Products

The Design-led PLI Scheme was launched in June 2022 and applications were invited from design-led manufacturers, among others, to access incentives under the PLI Scheme for five years, commencing from April 1. 2022.

Existing beneficiaries under the PLI scheme for telecom and networking products were allowed to add more products and apply under the design-led PLI scheme. They were given the option to shift their five-year PLI Scheme period by one year.

22 companies have availed this opportunity of shifting their first year. Among them, 13 companies have applied as fresh applicants.

PLI scheme for Promoting Telecom & Networking Products Manufacturing in India

With the objective to boost domestic manufacturing, investments in, and exports of telecom and networking products, the Department of Telecommunications (DoT) notified the production linked incentive scheme on February 24, 2021.

The PLI scheme will be implemented with a budget of INR 121.95 billion over a period of five years. In the MSME category, financial allocation will be INR 10 billion. The Small Industries Development Bank of India (SIDBI) has been appointed as the project management agency (PMA) for the PLI scheme.

The scheme is effective from April 1, 2021. Investment made by successful applicants in India from April 1, 2021 onwards and up to financial year (FY) 2024-2025 shall be eligible, subject to qualifying incremental annual thresholds. The support under the Scheme shall be provided for a period of five years, from FY 2021-22 to FY 2025-26. The scheme period was extended as the starting year could be shifted under the modified PLI scheme.

Full list of approved applicants under the PLI Scheme for Telecom and Networking Products

S. no.

Name of the applicant

1

Alphion India Private Limited

2

Candid Optronix Pvt Ltd

3

Coral Telecom Limited

4

Design and Manufacturing Vista Electronics Pvt. Ltd.

5

Ehoome IOT Private Limited

6

Elcom Innovations Private Limited

7

Frog Cellsat Limited

8

GDN Enterprises Private Limited

9

GO IP Global Services Private Limited

10

GX India Private Limited

11

Huber + Suhner Electronics Private Limited

12

Kaynes International Design & Manufacturing Pvt. Ltd

13

Lekha Wireless Solutions Pvt Ltd

14

Matrix Comsec Private Limited

15

Netlink ICT Pvt Ltd

16

Netweb Technologies India Pvt. Ltd.

17

Panache Digilife Limited

18

Priyaraj Electronics Limited

19

Samriddhi Automations Private Limited

20

Sansap Technology Private Limited

21

Sixth Energy Technologies Private Limited

22

Skyquad Electronics and Appliances Private Limited

23

Surbhi Satcom Private Limited

24

Synegra EMS Limited

25

Systrome Technologies Private Limited

26

Tecniqua India Private Limited

27

Tianyin Worldtech India Private Limited

28

Vihaan Networks Limited

29

Dixon Electro Appliances Private Limited

30

HFCL Limited

31

ITI Limited

32

Neolync Tele Communications Private Limited

33

Syrma SGS Technology Limited

34

Tejas Networks Limited

35

VVDN Technologies Private Limited

36

Commscope India Private Limited

37

Flextronics Technologies (India) Private Limited

38

Jabil Circuit India Private Limited

39

Nokia Solutions and Networks India Private Ltd

40

Rising Stars Hi-Tech Private Limited

41

Samsung India Electronics Pvt Ltd.

42

Sanmina-Sci India Private Limited

 


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