New Delhi,
Global manufacturing company Jail’s plant at Sanand in Gujarat is almost complete. The plant will manufacture silicon photonics and other electronic items in the country. There are more than 1,40,000 employees in more than 100 places in more than 25 countries of Jail. Vaishnav said in a post on the X social media platform, “Jail is investing more than Rs 2,000 crore in the manufacture of silicon photonics and electronic manufacturing services in India.”
The minister said, “The plant in Sanand is almost complete.” The list of customers’ list of customers includes 300 largest brands in the world in every market, from healthcare, packaging, smartphone and cloud equipment, automotive and home appliances. 1,162 crore has been distributed under the scheme.
The scheme, launched on 1 April 2021, aims to promote domestic manufacturing and self -reliance in the telecom sector. This is scheduled to end at the end of the current financial year. Of the 42 companies selected under this scheme, 21 manufacturers have successfully achieved incentives so far. The government had set Rs 4,115 crore for the scheme, aimed at an additional sales of Rs 2.45 lakh crore and to create more than 44,000 new jobs during this.
Jequel emerged as the top beneficiary, which received an incentive of Rs 235.87 crore in two financial years. Other key recipients include flextronics (Rs 165.12 crore), Nokia (Rs 157.32 crore), Foxcon Rising Stars (Rs 80.33 crore) and Sirma SGS (Rs 53.23 crore). Industrial experts believe that strong pilgrimage between telecom operators and government’s perspectives are necessary. They emphasize the importance of encouraging the purchase of telecommunications products with high local value enrichment to realize the goals of self -reliance and employment creation.
