Tejas Networks has received an amount of Rs 122.95 crore from the Ministry of Communications, Department of Telecommunications, New Delhi under the Production Linked Incentive (PLI) scheme for Telecom and Networking Products. The said amount is the first tranche, amounting to 85% of the eligible incentive for Q3 of FY 2024-2025 and the balance amount is expected to be released subsequently in accordance with the Production Linked Incentive Scheme Guidelines.
Tejas Networks designs, develops and sells high-performance and cost-competitive networking products to telecommunications service providers, internet service providers, utilities, defence and government entities.
