India telecom equipment exports

Telecom PLI gets DoT’s backing despite half the firms missing incentive targets

Business News Desk6 months ago6 months ago04 mins mins

India’s ambitious Production-Linked Incentive (PLI) scheme for telecom and networking equipment has received renewed support from the Department of Telecommunications (DoT), even as nearly half of the participating firms failed to meet the eligibility criteria for incentives in the latest review cycle. The DoT’s endorsement comes amid growing concerns over execution gaps, delayed investments, and…

India’s Non-Smartphone Electronics Exports Hit $14 Billion in FY25, Marking Strategic Shift in Tech Manufacturing

Business News Desk7 months ago7 months ago04 mins mins

India’s electronics export sector has reached a major milestone in FY25, with non-smartphone electronics shipments crossing $14 billion, according to the Electronics and Computer Software Export Promotion Council (ESC). This surge represents a 32.47% year-on-year growth in total electronics exports, which now stand at $38.57 billion. While smartphones continue to lead the charge, the real…