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The revised production-linked incentive (PLI) scheme for IT hardware has received a positive response from 38 companies, including global companies HP, Dell, Lenovo, and Foxconn, as well as local manufacturer Dixon Technologies.
These companies have proposed investments of over Rs 4,000 crore, and goods worth Rs 3.35 lakh crore will be produced over the next six years. Global applicants also include Asus, Acer and Thompson, as well as domestic firm VVDN Technologies.
Under the scheme, global companies will have to invest Rs 500 crore in a span of six years, while hybrid and domestic entities are required to invest Rs 250 crore and Rs 20 crore, respectively. The revised scheme extends an average incentive of around five percent to make laptops, tablets, all-in-one PCs, servers and ultra small form factors in India.
The added flexibilities include the tenure of the scheme at six years, and the option to choose 2023, 2024 or 2025 as the base year for investment and incremental sales calculation. |
