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Govt approves over ₹12,000 crore for telecom equipment manufacturing

Central government on Wednesday approved a ₹12,195 crore production-linked incentive (PLI) scheme for telecom gear manufacturing in India.

The scheme is expected to offset huge imports of telecom equipment worth more than ₹50,000 crores and reinforce it with “Made in India” products both for domestic markets and exports.

It is also expected to encourage production of equipment worth ₹2.44 lakh crore and create direct and indirect employment for about 40,000 people.



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