Tejas Networks Receives ₹1.23 Billion Under PLI Scheme

Tejas Networks Ltd has received ₹1.23 billion as incentives under the Production-Linked Incentive Scheme for Telecom and Networking Products. This strategic government initiative aims to boost indigenous telecom R&D and manufacturing in India. CEO Anand Athreya confirmed that the company continues to make committed investments to scale up globally. Tejas is eligible for design-linked incentives for five years, contingent upon meeting a minimum cumulative investment of ₹750 crore during the scheme period.

 

Sources: BSE, Company Website, Economic Times