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Government clears PLI scheme to boost manufacturing of laptops, tablets and PCs

Date: 26 February 2021 Tags: Miscellaneous
  • The Union cabinet has approved a ? 7,325-crore production linked incentive (PLI) scheme for laptops, tablets, all-in-one-personal computers, and servers.
  • The PLI scheme includescoming to India, investing, setting up factory, manufacture, export and earn incentives. PLI is linked to manufacturing capability and delivery on the ground.
  • Like other PLI schemes, the incentives for companies in the telecom and networking equipment manufacturing space will flow following the achievement of a minimum threshold of cumulative incremental investment, and incremental sales of manufactured goods, net of taxes.
  • With the new PLI scheme, the government aims to attract the top five laptop and tablet manufacturing companies from across the globe to either set up or expand existing units in India.