Telecom companies invest ₹2,419 crore under PLI scheme; 17,753 jobs created: Ashwini Vaishnaw
₹2,419 crore in India under the production-linked incentive scheme, resulting in the employment of 17,753 people. "Today, in the telecom sector, we have crossed a major milestone where PLI-supported companies have already completed an investment of ₹2,419 crore, where the sales are at ₹34,516 crore, exports are ₹7,600 crore, and employment is 17,753.
This is a great milestone for the telecom industry," PTI quoted Vaishnaw as saying. The telecom minister was speaking during the virtual inauguration of a production line to manufacture 4G and 5G connectivity modules and data cards at domestic firm VVDN Technologies "Very complex manufacturing has started, and young girls are getting trained in handling complex machines.
This is the success of Make in India, and this is the success of our Prime Minister's vision," Vaishnaw said. "Exciting news! Mint is now on WhatsApp Channels
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