Laptop, tablet makers flock to PLI version 2.0
About 58 registrations have taken place, and the response has been good, said ministry of electronics and information technology secretary Alkesh Kumar Sharma.
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About 58 registrations have taken place, and the response has been good, said ministry of electronics and information technology secretary Alkesh Kumar Sharma.
The Ministry of Electronics and IT, Secretary, Alkesh Kumar Sharma said that the response to PLI Scheme 2.0 for IT hardware has been more than expected.
The deadline for the revised PLI scheme was extended for the second time in July, after stakeholders sought more time to file the paperwork. The revised scheme has a financial outlay of ₹17,000 crore, more than doubling the incentives given in the previous version of the scheme.
Industry executives say that while the government has been successful in restricting Chinese players Huawei and ZTE from participating in Indias 5G rollout after adoption of the “trusted sources” approach, replicating the same for IT hardware wont be feasible. Thats because unlike telecom equipment, laptops/tablets are consumer devices.
India Business News: DGFT or the Directorate General of Foreign Trade has categorized electronics like tablets, laptops, all-in-one personal computers, servers etc. as res