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为什么PLI计划有望将印度变成全球电信制造中心

“毫无疑问,现在的环境有利于海外零部件制造商将其设施转移到印度。随着印度电信行业即将从4G过渡到5G, PLI计划旨在创建一个充满活力的电信制造生态系统,提供了正确的动力。”

(Sanjeev阿加瓦尔
(Sanjeev阿加瓦尔 Lava International的首席制造官

Against this backdrop, the Centre announced its Production Linked Incentive (PLI) Scheme, which is in sync with the National Policy on Electronics (NPE 2019). Together, these programmes are primed to promote the nation\u2019s potential for building a vibrant indigenous ecosystem for mobile manufacturing and design.

Establishing an Electronics Ecosystem<\/strong>

Both NPE and PLI are significant initiatives because the capability to manufacture mobiles can drive a paradigm shift for the \u2018Make in India\u2019 and Aatmanirbhar Bharat programmes. Mobiles are at the core of every single electronics item and the designs, which includes PCB, display, batteries, assembly, mechanical and industrial design, hardware and software. By promoting a complex part of electronics, the two programmes will not only boost domestic mobile manufacturing but also help in establishing the entire electronics ecosystem in the country. This is one of the best ways to encourage local companies to make their presence felt in telecom manufacturing.

Soon after the announcement of the PLI scheme for electronics manufacturing, the Centre cleared the names of 16 companies. These included foreign companies such as Samsung, Rising Star, Pegatron, Wistron and Foxconn, plus Indian brands such as Lava, Micromax, UTL Neolyncs, Padget Electronics and Optiemus Electronics. Over the next five years, these Indian entities have proposed a production output of Rs1.25 lakh crore.

The inclusion of the above names will help advance end-product expertise in India while also nurturing a component ecosystem around telecom manufacturing capabilities. As India has a vast labour pool available at reasonable rates, mobile phone manufacturing will be cost-competitive in the long run, particularly once domestic players master the relevant skills.

Significantly, the Union Budget 2021-22 made an outlay of Rs1.97 lakh crore on numerous PLI schemes over five years, beginning this fiscal. The latest amount comes in addition to the earlier PLI outlay of Rs40,951 crore announced for electronics manufacturing.

For telecom and networking products specifically, the scheme provides Rs12,195 crore over five years. The telecom equipment includes core transmission equipment, 4G and 5G next-gen radio access network and wireless gear, IoT-access devices, allied wireless gear and enterprise equipment such as routers, switches and suchlike.

Coming into force from 01 April this year, the scheme\u2019s eligibility is subject to the companies reaching a minimum threshold of incremental sales of manufactured goods and cumulative investments. For this, the base year is 2019-20 for computing cumulative incremental sales of manufactured goods, net of the taxes, as per a statement from the Ministry of Communication and Information Technology.

Broad Incentives
<\/strong>
Thanks to these incentives and allied policy measures, India is on the path to emerging as a telecom manufacturing and exports hub. Under PLI, the eligible companies would be given incentives ranging between 4% and 6% of the production value for five years, once they reach their annual investment and production value targets. The PLI scheme will also generate employment and reduce imports. For instance, it can offset telecom equipment imports valued at more than Rs50,000 crore while leading to an incremental production of equipment worth Rs2.4 lakh crore over five years. In the same period, it could attract investments of more than Rs3,000 crore and ensure Rs2 lakh crore of exports.

What\u2019s more, it holds the potential to create 40,000 direct and indirect jobs while generating tax revenues of Rs17,000 crore from the manufacture of telecom equipment, including core transmission and other allied equipment.

Apart from attracting global manufacturers, these measures will nudge local players to either establish or expand existing manufacturing facilities in India. As manufacturing in the country becomes globally competitive, it will keep attracting additional investments. Given current constraints and the liquidity issues due to the ongoing pandemic, global investments will give a much-needed fillip to the economy.

Additionally, the PLI scheme will help in establishing backward linkages with MSMEs across India. Since MSMEs are the predominant employers in the informal sector, it will create more inclusive growth by generating greater employment opportunities. Noting the potential of MSMEs in manufacturing and employment generation, the scheme proposes a 1% higher incentive for them in the first three years. Furthermore, whereas the minimum investment threshold is Rs100 crore for other players, it is Rs10 crore only for MSMEs.

Besides, any investor qualifying for the PLI scheme will be incentivised up to 20 times the threshold of the minimum investment, which would enable them to utilise unused capacity. While launching the telecom equipment scheme, Union Telecom Minister Ravi Shankar Prasad asserted that the Centre was creating an enabling environment and enhancing the Ease of Doing Business for positioning the nation as a global manufacturing hub.

Undoubtedly, the environment is now conducive for overseas component manufacturers to shift their facilities to India. As the nation\u2019s telecom sector stands poised to transition from 4G to 5G soon, the PLI scheme offers the right impetus by aiming to create a vibrant telecom manufacturing ecosystem.

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随着冠状病毒大流行在2020年破坏了全球供应链,该国的经济增长放缓电信行业等受到严重影响。即使疫情在全球范围内肆虐,地缘政治热点也加剧了持续的破坏。

在此背景下,该中心宣布了与国家同步的生产挂钩激励计划政策电子学(NPE 2019)。这些计划将共同促进该国为移动制造和设计建立一个充满活力的本土生态系统的潜力。

建立电子生态系统

NPE和PLI都是重要的举措,因为制造手机的能力可以推动“印度制造”和“印度制造”计划的范式转变。手机是每一个电子产品和设计的核心,包括PCB,显示器,电池,组装,机械和工业设计,硬件和软件。通过推广电子产品的复杂部分,这两个项目不仅将促进国内移动制造,还将有助于在该国建立整个电子生态系统。这是鼓励本土企业进军电信制造业的最佳方式之一。

不久之后的公告PLI方案在电子制造业方面,该中心清除了16家公司的名称。其中包括三星(Samsung)、Rising Star、和硕(Pegatron)、纬创(Wistron)和富士康(Foxconn)等外国公司,以及Lava、Micromax、UTL Neolyncs、Padget Electronics和Optiemus Electronics等印度品牌。在未来五年,这些印度实体已经提出了1.25万亿卢比的产量。

上述名称的加入将有助于提高印度的终端产品专业知识,同时还将围绕电信制造能力培育一个组件生态系统。由于印度拥有大量劳动力,而且价格合理,从长远来看,手机制造业将具有成本竞争力,尤其是一旦国内企业掌握了相关技能。

值得注意的是,从本财年开始,2021-22年度联邦预算在五年内为众多PLI计划支出了1.97万亿卢比。最新的金额是在早些时候宣布的用于电子制造业的PLI支出4095.1亿卢比之外。

具体到电信和网络产品,该计划在五年内提供1219.5亿卢比。电信设备包括核心传输设备、4G和5克下一代无线接入网和无线设备、物联网接入设备、联盟无线设备和企业设备,如路由器、交换机等。

该计划将于今年4月1日起生效,惟有关公司须达到增加制成品销售及累积投资的最低限额,才可获批准。为此,根据通信和信息化部的一份声明,计算制成品累计增量销售额的基准年是2019- 2020年,扣除税收。

广泛的激励

由于这些激励措施和相关政策措施,印度正走上成为电信制造和出口中心的道路。根据PLI,一旦符合条件的公司达到年度投资和产值目标,他们将获得五年产值4%至6%的奖励。PLI计划还将创造就业并减少进口。例如,它可以抵消价值超过50亿卢比的电信设备进口,同时在5年内带来价值2.4万亿卢比的设备增量生产。在同一时期,它可以吸引超过300亿卢比的投资,并确保20万亿卢比的出口。

更重要的是,它有可能创造4万个直接和间接就业机会,同时从电信设备制造(包括核心传输和其他相关设备)中产生170亿卢比的税收。

除了吸引全球制造商外,这些措施还将推动当地企业在印度建立或扩大现有的制造设施。随着该国制造业在全球具有竞争力,它将继续吸引更多的投资。考虑到当前的制约因素和当前大流行带来的流动性问题,全球投资将为经济提供急需的刺激。

此外,PLI计划将有助于与印度各地的中小微企业建立反向联系。由于中小微企业是非正规部门的主要雇主,它将创造更多的就业机会,从而实现更具包容性的增长。该计划注意到中小微企业在制造业和创造就业方面的潜力,建议在前三年对他们增加1%的激励。此外,其他投资者的最低投资门槛是10亿卢比,而中小微企业的最低投资门槛是1亿卢比。

此外,任何符合PLI计划的投资者都将获得最高20倍于最低投资门槛的激励,这将使他们能够利用未使用的产能。在启动电信设备计划时,联邦电信部长拉维·尚卡尔·普拉萨德(Ravi Shankar Prasad)断言,该中心正在创造一个有利的环境,提高营商环境,将国家定位为全球制造业中心。

毫无疑问,现在的环境有利于海外零部件制造商将工厂转移到印度。作为国家的电信部门即将从4G过渡到5G, PLI计划旨在创建一个充满活力的电信制造生态系统,提供了正确的动力。

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Against this backdrop, the Centre announced its Production Linked Incentive (PLI) Scheme, which is in sync with the National Policy on Electronics (NPE 2019). Together, these programmes are primed to promote the nation\u2019s potential for building a vibrant indigenous ecosystem for mobile manufacturing and design.

Establishing an Electronics Ecosystem<\/strong>

Both NPE and PLI are significant initiatives because the capability to manufacture mobiles can drive a paradigm shift for the \u2018Make in India\u2019 and Aatmanirbhar Bharat programmes. Mobiles are at the core of every single electronics item and the designs, which includes PCB, display, batteries, assembly, mechanical and industrial design, hardware and software. By promoting a complex part of electronics, the two programmes will not only boost domestic mobile manufacturing but also help in establishing the entire electronics ecosystem in the country. This is one of the best ways to encourage local companies to make their presence felt in telecom manufacturing.

Soon after the announcement of the PLI scheme for electronics manufacturing, the Centre cleared the names of 16 companies. These included foreign companies such as Samsung, Rising Star, Pegatron, Wistron and Foxconn, plus Indian brands such as Lava, Micromax, UTL Neolyncs, Padget Electronics and Optiemus Electronics. Over the next five years, these Indian entities have proposed a production output of Rs1.25 lakh crore.

The inclusion of the above names will help advance end-product expertise in India while also nurturing a component ecosystem around telecom manufacturing capabilities. As India has a vast labour pool available at reasonable rates, mobile phone manufacturing will be cost-competitive in the long run, particularly once domestic players master the relevant skills.

Significantly, the Union Budget 2021-22 made an outlay of Rs1.97 lakh crore on numerous PLI schemes over five years, beginning this fiscal. The latest amount comes in addition to the earlier PLI outlay of Rs40,951 crore announced for electronics manufacturing.

For telecom and networking products specifically, the scheme provides Rs12,195 crore over five years. The telecom equipment includes core transmission equipment, 4G and 5G next-gen radio access network and wireless gear, IoT-access devices, allied wireless gear and enterprise equipment such as routers, switches and suchlike.

Coming into force from 01 April this year, the scheme\u2019s eligibility is subject to the companies reaching a minimum threshold of incremental sales of manufactured goods and cumulative investments. For this, the base year is 2019-20 for computing cumulative incremental sales of manufactured goods, net of the taxes, as per a statement from the Ministry of Communication and Information Technology.

Broad Incentives
<\/strong>
Thanks to these incentives and allied policy measures, India is on the path to emerging as a telecom manufacturing and exports hub. Under PLI, the eligible companies would be given incentives ranging between 4% and 6% of the production value for five years, once they reach their annual investment and production value targets. The PLI scheme will also generate employment and reduce imports. For instance, it can offset telecom equipment imports valued at more than Rs50,000 crore while leading to an incremental production of equipment worth Rs2.4 lakh crore over five years. In the same period, it could attract investments of more than Rs3,000 crore and ensure Rs2 lakh crore of exports.

What\u2019s more, it holds the potential to create 40,000 direct and indirect jobs while generating tax revenues of Rs17,000 crore from the manufacture of telecom equipment, including core transmission and other allied equipment.

Apart from attracting global manufacturers, these measures will nudge local players to either establish or expand existing manufacturing facilities in India. As manufacturing in the country becomes globally competitive, it will keep attracting additional investments. Given current constraints and the liquidity issues due to the ongoing pandemic, global investments will give a much-needed fillip to the economy.

Additionally, the PLI scheme will help in establishing backward linkages with MSMEs across India. Since MSMEs are the predominant employers in the informal sector, it will create more inclusive growth by generating greater employment opportunities. Noting the potential of MSMEs in manufacturing and employment generation, the scheme proposes a 1% higher incentive for them in the first three years. Furthermore, whereas the minimum investment threshold is Rs100 crore for other players, it is Rs10 crore only for MSMEs.

Besides, any investor qualifying for the PLI scheme will be incentivised up to 20 times the threshold of the minimum investment, which would enable them to utilise unused capacity. While launching the telecom equipment scheme, Union Telecom Minister Ravi Shankar Prasad asserted that the Centre was creating an enabling environment and enhancing the Ease of Doing Business for positioning the nation as a global manufacturing hub.

Undoubtedly, the environment is now conducive for overseas component manufacturers to shift their facilities to India. As the nation\u2019s telecom sector stands poised to transition from 4G to 5G soon, the PLI scheme offers the right impetus by aiming to create a vibrant telecom manufacturing ecosystem.

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