Investment5 Jun 2025, 03:36 pm
Tejas Networks Receives Rs.122.9587 Crore from MoC under PLI Scheme
AI Summary
Tejas Networks Limited has received an amount of Rs.122.9587 Crore from the Ministry of Communications, Department of Telecommunications, New Delhi under the Production Linked Incentive Scheme for Telecom and Networking Products. This amount is the first tranche, amounting to 85% of the eligible incentive for Q3 of FY 2024-2025. The balance amount is expected to be released subsequently in accordance with the PLI Scheme Guidelines.
Key Highlights
- Tejas Networks received Rs.122.9587 Crore from the Ministry of Communications
- The amount is the first tranche under the Production Linked Incentive Scheme
- The amount is 85% of the eligible incentive for Q3 of FY 2024-2025
- The remaining amount is expected to be released as per PLI Scheme Guidelines