These Nifty 500 Stocks to Benefit from Change in PLI Scheme for Telecom and Networking Products

The Production Linked Incentive (PLI) Scheme is a government program designed to offer financial incentives to both domestic and foreign companies to enhance local manufacturing in India. On February 24, 2021, the Department of Telecommunications (DoT) launched the PLI scheme to promote domestic production of telecom and networking products, with a budget of ₹12,195 crore. The scheme covers 33 telecom and networking products, allowing companies to claim incentives for these items.

As of January 31, 2025, beneficiaries of the PLI scheme have invested ₹4,081 crore and generated total sales of ₹78,672 crore, including export sales worth ₹14,963 crore. The scheme has also created employment for 26,351 people.

Stocks to Benefit from the Amendment in PLI Scheme

Note: The stocks mentioned above have been selected based on 5Y CAGR as of March 24, 2025, from the Nifty 500 Universe

Amendments to the PLI Scheme for Telecom Products

• An additional 1% incentive for products that are designed, developed, and manufactured in India, aiming to promote design-led manufacturing.
• The inclusion of 11 more products in the approved list is based on industry needs.
• Flexibility for companies to add one or more products from the approved list at any time during the scheme’s duration.
• The option for companies to apply for incentive claims on a quarterly basis.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.