Govt approves 42 companies for telecom products under PLI scheme: Report

The Ministry of Communications has reportedly authorised 42 companies for telecom and networking products under the production-linked incentive (PLI) scheme. The companies include global firms like Samsung, Nokia, Jabil, and Flextronics and Indian firms like HFCL, ITI, and VVDN. These firms have committed a total investment of over ₹4,115 crore, which is likely to generate over 44,000 extra jobs.