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01-01-1970 12:00 AM | Source: IANS
Cabinet approves PLI scheme for telecom equipment
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 The Union cabinet on Wednesday approved the production linked incentive (PLI) for manufacturing of telecom equipment in India.

Accordingly, the scheme offers a incentive to boost domestic manufacturing and attract large investments in production of telecom equipment.

The aim of the scheme is to promote local manufacturing and reduce import dependence.