PRODUCTION LINKED INCENTIVE SCHEME (PLI) FOR IT HARDWARE
May 5, 2021
A total of 19 companies have filed their application under the Production Linked Incentive Scheme (PLI) for IT Hardware.
About:
Production Linked Incentive Scheme (PLI) for IT Hardware was notified on 03.03.2021.
The PLI Scheme extends an incentive of 4% to 2%/ 1% on net incremental sales (over base year of FY 2019-20) of goods under target segments that are manufactured in India to eligible companies, for a period of four years (FY 2021-22 to FY 2024-25).
The target IT hardware segments under the proposed Scheme include Laptops, Tablets, All-in-One Personal Computers (PCs) and Servers.
The scheme proposes production linked incentives to boost domestic manufacturing and attract large investments in the value chain of these IT Hardware products.
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