Government Approves 27 Manufacturers under PLI Scheme

  • Production Linked Incentive scheme (PLI) for mobile phones.
  • Union Cabinet led by the Prime Minister had approved PLI Scheme – 2.0 for IT hardware.
  • It covers laptops, tablets, all-in-one PCs, Servers and Ultra Small Form Factor devices.
  • IT hardware brands such as Acer, Asus, Dell, HP, Lenovo, etc. will be manufactured in India.

Expected Outcomes:

  • Employment: a total of about 02 lakhs.
  • About 50,000 (direct) and about 1.5 lakh (indirect).
  • Value of IT hardware production: 3 lakh 50 thousand crore rupees (42 billion US dollars).
  • Investment by companies: 3,000 crore rupees (360 million US dollars)
  • 23 out of 27 approved applicants are ready to start manufacturing on day zero.
Posted in Current Affairs.