India should include ICT, chip components in PLI scheme: ITI president Jason Oxman
ICT and semiconductor components in its productivity-linked incentive scheme (PLI) to promote manufacturing in the country, as about 85% of these are currently imported, said Jason Oxman, president, Information Technology Industry Council (ITI).
“The opportunity for India to focus a programme of incentives on the ecosystem in semiconductors and in ICT is a big one,” Oxman said, adding that the global industry body has suggested this to the government.
The ITI represents the likes of Google, Meta, Dell Technologies, HP, AMD, Applied Materials and others.
Oxman said building up the semiconductor components ecosystem across wafers, chemicals, substrates, and machines along with design, testing and certification is equally valuable as setting up chip fabrication units.
He also highlighted the industry’s concerns and uncertainty around the IT hardware import policy under which restrictions may kick back in after September 30. Last year, the government had first imposed and then paused restrictions on imports of PCs, laptops, tablets and others.
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