Centre may extend PLI to laptop and tab manufacturing
4 years, 1 month ago

Centre may extend PLI to laptop and tab manufacturing

Live Mint  

The government plans to extend the production-linked incentive scheme to domestic manufacturing of essential electronic gadgets such as laptops and tablets, following the success of a scheme to locally produce mobile phones and their components, communications, electronics and information technology minister Ravi Shankar Prasad said on Monday. “Now, my focus is that India emerges as a big centre for manufacturing of other important electronic gadgets, which have become integral to our day-to-day existence, that is from laptops to tablets and servers,” said Prasad at the annual general meeting of industry body Ficci. Sixteen global and domestic mobile phone and electronic component makers including Samsung, Foxconn and Bhagwati Products—the maker of Micromax phones—received the Centre’s approval for the PLI scheme that was launched in April to boost local manufacturing. Under the PLI scheme for mobile phones, the government will give 4-6% incentive to eligible electronic companies on incremental sales of manufactured goods—mobile phones and electronic components such as printed circuit boards and sensors, among others—for five years.

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