Tejas Networks Gets ₹1.23 Billion Under PLI Scheme

Tejas Networks Ltd. said it has received ₹1.23 billion from the Department of Telecommunications as the first tranche of incentive under the production-linked incentive scheme for telecom and networking products.

The amount represents 85% of the eligible incentive for the December quarter of 2024-25 the company said in an exchange filing Thursday. The remaining amount will be released as per the scheme's guidelines.