Cabinet Decision: Cabinet Approves Production Linked Incentive Scheme For IT Hardware

Cabinet has given approval for the Production Linked Incentive (PLI) Scheme for IT Hardware. The scheme proposes production linked incentive to boost domestic manufacturing and attract large investments in the value chain of IT Hardware. The Target Segments under the proposed Scheme include Laptops, Tablets, All-in-One PCs and Servers. This is an important segment to promote manufacturing under Atma Nirbhar Bharat as there is huge import reliance for these items at present. This scheme will enhance the development of electronics ecosystem in the country. India will be well positioned as a global hub for Electronics System Design and Manufacturing (ESDM) on account of integration with global value chains, thereby becoming a destination for IT Hardware exports. This scheme has an employment generation potential of over 1,80,000 (direct and indirect) over 4 years and will provide impetus to Domestic Value Addition for IT Hardware which is expected to rise to 20% - 25% by 2025.

https://pib.gov.in/PressReleseDetail.aspx?PRID=1700431