On 10 October, 2023, Telecom Minister Ashwini Vaishnaw announced that telecom companies have invested Rs 2,419 crore in India under the production-linked incentive (PLI) scheme.

This announcement came during the virtual inauguration of a production line to manufacture 4G and 5G connectivity modules and data cards at domestic firm VVDN Technologies. With this investment, the telecom sector has witnessed a major milestone, creating employment opportunities for about 17,753 people.

Moreover, the Minister stated that 5G was launched last year, and within a year, India has become the third largest ecosystem for 5G in the world. In addition, the government is working towards positioning India as a leading standard and IT contributor to the 6G journey.

The International Telecommunication Union (ITU) has accepted the inputs in the standardisation of 6G. In October 2022, the government shortlisted 42 companies which committed a total investment of Rs 4,115 crore.