PRODUCTION-LINKED INCENTIVE (PLI) SCHEME FOR MANUFACTURING OF MOBILE PHONES
March 28, 2021
The Indian Cellular and Electronics Association (ICEA) has written letters to the NITI Aayog to consider declaring 2020-21 as zero year for production-linked incentive (PLI) scheme for manufacturing of mobile phones.
About:
PLI schemes for all sectors that have been announced since April last year envisage incentives on achievement of a minimum threshold of cumulative incremental investment and incremental sales of manufactured goods net of taxes.
Since the government notified the PLI for mobile manufacturing on April 1 last year, FY21 was considered as the base year for the calculation of incremental investments and sales, and therefore the incentives to be given to companies.
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