Aug 14, 2023

PLI Scheme: 58 Firms Including Top Global Players Register For IT Hardware Manufacturing

As many as 58 companies, including top global players, have registered for the government's Rs 17,000-crore production-linked incentive scheme for IT hardware, a senior government official said on Monday.

The Ministry of Electronics and IT, Secretary, Alkesh Kumar Sharma said that the response to PLI Scheme 2.0 for IT hardware has been more than expected.

"The last date for the scheme is Aug. 30. 58 companies have registered," Sharma said on the sidelines of an event organised by the India Cellular and Electronics Association.

When asked if all the top global players have registered, Sharma answered in the affirmative.

He said several domestic companies have also registered for the scheme and added that more than two players have already applied for the scheme.

The Production-Linked Incentive Scheme 2.0 for IT hardware covers laptops, tablets, all-in-one PCs, servers and ultra-small form factor devices.

The scheme aims to broaden and deepen the IT hardware manufacturing ecosystem in the country.

In May, the Union Cabinet had approved a Rs 17,000-crore incentive to boost local manufacturing of IT hardware like tablets and laptops, and the scheme is projected to generate an incremental production worth Rs 3.35 lakh crore over a period of six years.

The government has extended the last date for receiving applications under PLI Scheme 2.0 for IT hardware two times and has fixed the deadline of Aug. 30.

harma said the deadline will not be extended further.