Postal, Mobile, and Telecom Industries

Tejas Networks is planning a telecom equipment manufacturing project in India. The estimated cost of the project is Rs. 17 billion. The company is making investments under the modified special incentive package scheme. The Modified Special Incentive Package Scheme (MSIPS) provides 25% subsidy on capital expenditure made by a domestic company in non-SEZ area, and 20% within the special economic zones; reimbursement of countervailing duties and excise for capital equipment for non-SEZ units and reimbursement of central taxes and duties for 10 years. The company has got the investment approved by the Government for first two phases of Rs 7.6 billion. The remaining will be done by the company in the next phase. [Info as of: Feb. `15]Tejas Networks is planning a telecom equipment manufacturing project in India. The estimated cost of the project is Rs. 17 billion. The company is making investments under the modified special incentive package scheme. The Modified Special Incentive Package Scheme (MSIPS) provides 25% subsidy on capital expenditure made by a domestic company in non-SEZ area, and 20% within the special economic zones; reimbursement of countervailing duties and excise for capital equipment for non-SEZ units and reimbursement of central taxes and duties for 10 years. The company has got the investment approved by the Government for first two phases of Rs 7.6 billion. The remaining will be done by the company in the next phase. [Info as of: Feb. `15]Tejas Networks is planning a telecom equipment manufacturing project in India. The estimated cost of the project is Rs. 17 billion. The company is making investments under the modified special incentive package scheme. The Modified Special Incentive Package Scheme (MSIPS) provides 25% subsidy on capital expenditure made by a domestic company in non-SEZ area, and 20% within the special economic zones; reimbursement of countervailing duties and excise for capital equipment for non-SEZ units and reimbursement of central taxes and duties for 10 years. The company has got the investment approved by the Government for first two phases of Rs 7.6 billion. The remaining will be done by the company in the next phase. [Info as of: Feb. `15]Tejas Networks is planning a telecom equipment manufacturing project in India. The estimated cost of the project is Rs. 17 billion. The company is making investments under the modified special incentive package scheme. The Modified Special Incentive Package Scheme (MSIPS) provides 25% subsidy on capital expenditure made by a domestic company in non-SEZ area, and 20% within the special economic zones; reimbursement of countervailing duties and excise for capital equipment for non-SEZ units and reimbursement of central taxes and duties for 10 years. The company has got the investment approved by the Government for first two phases of Rs 7.6 billion. The remaining will be done by the company in the next phase. [Info as of: Feb. `15]

India \ KARNATAKA