Laptop, tablet makers flock to PLI version 2.0
NEW DELHI : Leading global and domestic manufacturers have shown interest in the new production linked incentive or PLI scheme for IT hardware, said ministry of electronics and information technology secretary Alkesh Kumar Sharma. “About 58 registrations have taken place. The response has been good.
Most global and Indian players have registered," he said on the sidelines of an event Monday. The incentive scheme is for making laptops, tablets, personal computers, servers and edge computing devices. The government will not extend the month-end deadline for applications, Sharma said, noting that interested players have another couple of days to submit their applications, the next step after registration.
A senior government official had told Mint earlier that Hewlett-Packard had applied under the PLI scheme. According to a source aware of the development, Dell too is learnt to have applied under the scheme, and other global players are also likely to follow suit. Queries to Dell India did not elicit a response.
This is the government’s second outing with this PLI. The first, issued in 2021 with an outlay of about ₹ 8,000 crore, received a lukewarm response with most global players staying away. The second version, announced in May this year, has a higher outlay of ₹17,000 crore and contracts the company for six years , in place of four years earlier.
This version appears to have been better received. As per the IT hardware PLI 2.0 scheme, an incentive of 5% will be provided by the government on net incremental sales over the base year, for goods manufactured in India, compared to 2% earlier. The base year is FY23.
Read more on livemint.com
