The Ministry of Communication (Department of Telecommunication) has notified the Product Linked Incentive Scheme (‘PLIS’) to promote manufacturing of telecom and networking products.
The Scheme aims to provide financial impetus to entities engaged in manufacturing of specified telecom and networking products.
Eligibility
I. Achievement of minimum threshold of cumulative incremental investment over a period of four years
II. Incremental sales of manufactured goods net of taxes over the base year i.e FY19-20
III. Entities can invest in single / multiple eligible products to meet the minimum incremental investment and sales threshold
IV. Inclusion of contract manufactures as per FDI policy
V. Minimum investment threshold for MSME shall be INR 10 crores and INR 100 crore for others excluding land and building
VI. Benefit under this Scheme for the product cannot be availed under any other PLIS of Central Government
VII. Total number of beneficiaries will be limited due to fixed budgets
Tenure of the Scheme
I. Scheme shall be effective form April 1, 2021
II. Investment will be permitted in 4 years , whereas the support shall be permitted for 5 years
