India to be major exporter of telecom equipment in the next two to three years: Ashwini Vaishnaw

The government is making multiple efforts to make that achievement

January 9, 2023

Recently, 42 companies got approval for various government incentives for the domestic manufacturing of telecom and networking equipment

The country today is the second-largest manufacturer of mobile phones in the world

The government, in February 2021, introduced the Production Linked Incentive (PLI) scheme for the manufacturing of telecom and networking equipment

The government has also allocated INR 52,000 crore to improve last-mile 4G and 5G connectivity across the country

India is expected to become a major exporter of telecom equipment in the next two to three years, according to communications minister Ashwini Vaishnaw. 

In December 2022, 42 companies including Nokia, Samsung, Jabil, HFCL and Tejas Networks, among others which got approval for the Production Linked Incentive (PLI) and Design-Linked Incentive (DLI) schemes for the domestic manufacturing of telecom and networking equipment. 

Vaishnaw said that the country today is the second-largest manufacturer of mobile phones in the world at the Digital India Awards. 

Government efforts

The government, in February 2021, introduced the PLI scheme for the manufacturing of telecom and networking equipment with an outlay of INR 12,195 crore over five years. Under the scheme, 31 companies were approved to manufacture telecom equipment in June 2022.

On top of that, the government amended the existing scheme to include design-led manufacturers in it, allowing companies registered under the PLI scheme to add more products and apply under the DLI scheme with an additional incentive of 1%. Media reports said that the government has allocated INR 4,000 crore as incentives out of the total outlay of INR 12,195 crore, for the DLI scheme. 

Vaishnaw also said that the government has allocated INR 52,000 crore to improve last-mile 4G and 5G connectivity across the country. 

Way forward

The rollout of 5G will enable smartphone manufacturers to increase their capacities in the country, leading to higher employment, and economic contribution. 


Source: Financial Express

Recent Articles

Engineering goods exports hit record high in FY25 despite global challenges

April 28, 2025

Engineering goods exports from India grew 6.74% year over year …

Read More

India offers growth and stability amid global tariff risks: RBI Governor

April 28, 2025

Amid uncertainties major global economies face due to tariff-related risks, …

Read More

Apple to shift all US-bound iPhone production to India by 2026

April 25, 2025

Apple plans to relocate the assembly of all iPhones destined …

Read More