Tejas Networks to invest Rs 750 crore under PLI scheme

2 Nov 2022 , 07:16 AM

Tejas Networks, a member of the Tata Group, will invest more than Rs750 crore to the production of telecom and networking equipment through the design-led Production Linked Incentive (PLI) program.

One of the 42 businesses chosen for the program is Tejas Networks.

42 businesses, including 28 MSMEs, received permission from the Department of Telecom under the plan for telecom and networking products, resulting in a total committed investment of Rs4,115 crore by the businesses.

17 of them have submitted applications for a 1% extra incentive under the design-led manufacturing criteria.