Production Linked Incentive Scheme For IT Hardware

  • IASbaba
  • February 26, 2021
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Production Linked Incentive Scheme For IT Hardware

Part of: GS Prelims and GS- III – Economy; Manufacturing sector

In news

Key takeaways 

  • The scheme proposes PLI to boost domestic manufacturing and attract large investments in the value chain of IT Hardware.
  • The Scheme shall extend an incentive of 4% to 2% on net incremental sales (over base year 2019-20) of goods manufactured in India and covered under the target segment, for 4 years.
  • It will benefit 5 major global players and 10 domestic champions in the field of IT Hardware manufacturing including Laptops, Tablets, All-in-One PCs, and Servers.

Do you know? 

  • Currently, the laptop and tablet demand in India is largely met through imports worth billions of dollars. 

Related articles:

Expansion of Production-Linked Incentive Scheme

PLI For Large Scale Electronics Manufacturing

Production Linked Incentive Scheme For Pharmaceuticals

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