PLI for IT Hardware
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14 Companies Approved under PLI Scheme for IT Hardware
Government of India’s goal is to make India a
significant design and manufacturing hub in the Global Value Chain for
Electronics as part of its AtmaNirbhar Bharat
Economic policies. As part of this, we are broadening and deepening our
Electronics Eco-system. In the post COVID-19 global business and trade
environment, global companies are looking to diversify their manufacturing
locations to mitigate the supply chain risks.
National Policy on Electronics 2019 (NPE 2019)
envisions positioning India as a global hub for Electronics System Design and
Manufacturing (ESDM) by encouraging and driving capabilities in the country for
developing core components, including chipsets, and creating an enabling
environment for the industry to compete globally.
Production Linked Incentive Scheme (PLI) for
IT Hardware was notified on 03.03.2021. This Scheme extends an incentive of 4%
to 2%/ 1% on net incremental sales (over base year of FY2019-20) of goods under
target segments that are manufactured in India to eligible companies, for a
period of four years (FY2021-22 to FY2024-25). The target IT hardware segments
under the Scheme include Laptops, Tablets, All-in-One Personal Computers (PCs)
and Servers. Incentives are applicable under the scheme from 01.04.2021. A
total of 14 companies have been approved under the PLI Scheme. List of
companies approved under the PLI Scheme for IT Hardware is at Annexure.
In order to boost electronics manufacturing in
the country and incentivize large investments in the electronics value chain,
PLI Scheme for IT Hardware was notified on 03.03.2021. Over the next 4 years, the 14 approved companies under the
Scheme are expected to lead to total production of about ₹ 1,60,000 crore. Out of the total production of ₹
1,60,000 crore in the next 4 years, more than 37% is expected to be contributed
by exports of the order of ₹ 60,000 crore. The scheme is expected to
bring an additional investment in electronics manufacturing to the tune of
₹ 2,500 crore. Generation of 36,066 additional direct jobs and three
times indirect employment is expected under the PLI Scheme for IT Hardware.
The total budget outlay approved by the union
cabinet for PLI scheme for IT Hardware scheme is INR 7350 Crore.
This information was given by the Minister of
State for Electronics & Information Technology, Rajeev Chandrasekhar in a
written reply to a question in Lok Sabha on 23 March
2022.
Annexure
List of companies approved under the PLI Scheme for IT Hardware
1 Dell International Services India Pvt. Ltd.
2 ICT Service Management Solutions (India) Pvt. Ltd.
3 Rising Stars Hi-Tech Pvt. Ltd.
4 Flextronics Technologies (India) Pvt. Ltd.
5 Lava International Ltd.
6 Dixon Technologies (India) Ltd.
7 Infopower Technologies Pvt. Ltd.
8 Bhagwati Products Ltd.
9 Neolync Tele Communications Pvt.
Ltd.
10 Optiemus Electronics Ltd.
11 Netweb Technologies India Pvt.
Ltd
12 Smile Electronics Ltd.
13 VVDN Technologies Pvt. Ltd.
14 Panache Digilife Ltd.