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Production Linked Incentive Scheme

16th October – PLI Scheme

Production Linked Incentive Scheme Recently, the Ministry of Electronics and Information Technology (MeitY) had approved 16 firms in the mobile manufacturing sector for the Production Linked Incentive (PLI) scheme (for large-scale electronics manufacturing, notified on April 1, 2020) to transform India into a major mobile manufacturing hub. These are five domestic and five foreign mobile …

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8th October – Production Linked Incentive Scheme

Production Linked Incentive Scheme A significant increase in global demand for consumer electronics has given India an opportunity to attract foreign investments as well as encourage domestic manufacturers to focus on manufacturing consumer electronics in India under the flagship ‘Make in India’ initiative of the Government. Import restrictions – To achieve this objective, the Government …

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