37 telecom gear vendors including Ericsson applies via Jabil for PLI scheme
By MYBRANDBOOK
About 37 telecom gear vendors and contract manufacturers, including Nokia, Cisco, Flex, Foxconn and Jabil, have applied under the Rs 12,195 crore production-linked incentive (PLI) scheme for telecom and networking equipment manufacturing. Local companies such as Tejas Networks, Coral Telecom, HFCL, VVDN and Dixon Technologies have also applied under the scheme.
The Department of Telecommunications (DoT) will now select 20 companies from among these applicants based on competitive investment, which means companies committing higher investment will have better chances of getting selected. The scheme covers products such as 4G/5G next-generation radio access networks, IoT devices, customer premises equipment, routers and switches.
Samsung Electronics has decided not to apply for the scheme due to high investment needed at a time when the company has a free-trade-agreement (FTA) route through which it continues to import equipment for its only customer, Reliance Jio Infocomm. Ericsson has applied under the scheme through its partner Jabil, which makes telecom gear for the company in Pune.
Nitin Bansal, Head of Ericsson India, said, “We confirm our participation in the PLI scheme for the telecom sector through our partner Jabil... the additional investments made under the PLI scheme will help us scale up our Pune facilities where we are currently manufacturing 4G and 5G telecom equipment. The 5G radios produced at our Pune facility will help us meet the requirements of the domestic market when 5G is introduced in India.”
Dixon Technologies Executive Chairman Sunil Vachani, commented, “We are making Rs 200-250 crore investment and are looking to set up our unit in Punjab. We are partnering with Bharti for Customer premises equipment (CPE) devices and other telecom products in future. We are looking forward to an early announcement from the DoT.”
VVDN Technologies CEO Puneet Agarwal, Coral Telecom managing director Rajesh Tuli, HFCL Managing Director Mahendra Nahata and Tejas Networks CEO Sanjay Nayak also confirmed their participation.
The latest version of X helps prevent deepfakes on social medi
To combat deepfakes and shallowfakes, Elon Musk revealed a new update t...
India and Namibia collaborate on a payment system similar to U
Once operational, the platform will enable digital transactions in Namibia,...
Sebi issues show-cause notices to six Adani group firms
Sebi issued show-cause notices to six Adani Group firms, including Adani ...
Microsoft to build a new data centre to support Thailand's tec
Microsoft has revealed intentions to construct a regional data centre as w...
FRESHWORKS TECHNOLOGIES PVT. LTD.
WIPRO LTD.
HAVELLS INDIA LTD.
INFOSYS TECHNOLOGIES PVT. LTD.
Technology Icons Of India 2023: Josh Foulger
Josh is the Country Head of India and MD of Bharat FIH Ltd (A Foxconn ...
Technology Icons Of India 2023: Vijay Shekhar Sharma
Vijay Shekhar Sharma is an Indian technology entrepreneur and billiona...
Technology Icons Of India 2023: Lt Gen (Dr.) Rajesh Pant (Retd.)
LT Gen(Dr.) Rajesh Panth (Retd.), National cyber security coordination...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
CSCs enabling rural India digitally empowered
Common service centres (CSCs) are digital access points under the Digi...
EESL encouraging e-mobility adoption across India
Energy Efficiency Services Limited (EESL) is a Super Energy Service Co...
TECHNOBIND SOLUTIONS PVT. LTD.
TechnoBind’s business model is focused on identifying and partnering...
M. TECH SOLUTIONS (I) PVT. LTD.
M.Tech is a leading cyber security and network performance solutions ...
B D SOFTWARE
BD Software is the distributor of IT security solutions in India. The ...