The Telecommunications Department of the Ministry of Communications has approved the application of GDN Enterprises Private Limited (MSME), an Optiemus Group best debt consolidation company (under the National Company category), under the Production Incentive Program (“PLI Scheme ‘) for the manufacture of telecommunications and network products in India on October 14, 2021.
The PLI program aims to promote the manufacture of telecommunications and networking products in India and offers a financial incentive to stimulate domestic manufacturing and attract investment in target segments of telecommunications and networking products to encourage manufacturing in India. . The program will also encourage exports of “Made in India” telecommunications and networking products best debt consolidation company
The PLI scheme extends an incentive from 7% to 4% in the event of reaching a minimum threshold of cumulative incremental investment over a period of four years and of incremental sales of manufactured products during the reference year 2019- 2020.
As a result, GDN Enterprises Private Limited will start production in accordance with the PLI Scheme.
Shares of Optiemus Infracom Limited were last trading in BSE at Rs. 367.60 from the previous close of Rs. 350.10. The total number of shares traded during the day was 41,236 in more than 1,128 transactions.
The action hit an intraday high of Rs. 367.60 and an intraday low of 347.50. The net turnover during the day was Rs. 14,881,647.00.