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Govt approves PLI Scheme for IT Hardware and Pharmaceuticals

Govt approves PLI Scheme for IT Hardware and Pharmaceuticals

  • The scheme proposes incentives to boost domestic manufacturing and attract large investments in the value chain of IT Hardware. 
  • Communication and IT Minister Ravi Shankar Prasad said, the target segments of the scheme include laptops, tablets, all-in-one PCs, and servers.
  • Mr Prasad said, the total cost of the proposed scheme is around Rs 7,350 crore over 4 years. 
  • Mr. Prasad added that the scheme has direct and indirect employment generation potential of over 1.8 lakh.