PLI Scheme 2.0 for IT Hardware

31 Aug 2023

Context: 

Recently, revised production-linked incentive (PLI) scheme for IT hardware has received an “excellent” response from 38 companies, including global ones such as HP, Dell, Lenovo and Foxconn as well as local maker Dixon Technologies.

Expected Benefits of PLI 2.0 IT Hardware

  • Rs 22,880 crore: Outlay of IT hardware PLI scheme.
  • Rs 4,000 crore: Total investment the scheme may attract.
  • Rs 3.35 trillion: Worth of estimated incremental production over six years.
  • 48%: Likely increase in local value addition
  • 75,000: Direct jobs may be created on account of the scheme.
  • April 2024: Time by when companies may begin manufacturing.

About Production-Linked Incentive (PLI) Scheme 2.0 for IT Hardware

  • Aim: Broadening and deepening the IT hardware manufacturing ecosystem in the country.
  • Incentive: It extends an average incentive of around 5 per cent on net incremental sales (over the base year) of goods manufactured in India and covered under the target segment, to eligible companies, for a period of six years. 
  • Local Boost: Companies that locally manufacture certain components including memory modules, solid state drives and display panels will get additional incentives.
  • Target Segment: Laptops, Tablets, All-in-One PCs, Servers,Ultra Small Form Factor (USFF), Semiconductor design, IC manufacturing, and packaging are included.
  • Flexibility: It provides increased flexibility and options for applicants and is tied to incremental sales and investment thresholds to further incentivise growth. 
  • About PLI schemes: As part of its AatmaNirbhar and Make in India plan, the government launched PLI schemes in varied sectors to make Indian manufacturers globally competitive, attract investments, enhance exports, integrate India into the global supply chain and reduce dependency on imports.

News Source: Livemint

Archive Calendar

Mon Tue Wed Thu Fri Sat Sun
 123
45678910
11121314151617
18192021222324
25262728293031

Need help preparing for UPSC or State PSCs?

Connect with our experts to get free counselling & start preparing

Know about Physics Wallah

Physics Wallah is an Indian online education platform, that provides accessible & comprehensive learning experiences to students of classes 6 to 12 and those preparing for JEE and NEET exams. We also provide extensive NCERT solutions, sample papers, NEET, JEE Mains, BITSAT previous year papers, which makes us a one-stop solution for all resources. Physics Wallah also caters to over 3.5 million registered students and over 78 lakh+ Youtube subscribers with 4.8 rating on its app.

We Stand Out because

We successfully provide students with intensive courses by India's qualified & experienced faculties. PW strives to make the learning experience comprehensive and accessible for students of all sections of society. We believe in empowering every single student who couldn't dream of a good career in engineering and medical field earlier.

Our Key Focus Areas

Physics Wallah’s main focus is to create accessible learning experiences for students all over India. With courses like Lakshya, Udaan, Arjuna & many others, we have been able to provide a ready solution for lakhs of aspirants. From providing Chemistry, Maths, Physics formulae to giving e-books of eminent authors, PW aims to provide reliable solutions for student prep.

What Makes Us Different

Physics Wallah strives to develop a comprehensive pedagogical structure for students, where they get a state-of-the-art learning experience with study material and resources. Apart from catering students preparing for JEE Mains and NEET, PW also provides study material for each state board like Uttar Pradesh, Bihar, and others.

Aiming for UPSC?

Download Our App

# #
Quick Revise Now !
AVAILABLE FOR DOWNLOAD SOON
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध
Quick Revise Now !
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध

<div class="new-fform">






    </div>

    Subscribe our Newsletter
    Sign up now for our exclusive newsletter and be the first to know about our latest Initiatives, Quality Content, and much more.
    *Promise! We won't spam you.
    Yes! I want to Subscribe.