New Delhi, August 13, 2023: Production Linked Incentive or PLI Scheme 2.0 for IT Hardware was notified vide notification No. CG-DL-E-30052023-246165 dated May 29, 2023, with a budgetary outlay of ₹ 17,000 crore. The scheme is aimed at broadening and deepening of the IT hardware manufacturing ecosystem in the country.
The Operational Guidelines of Production Linked Incentive Scheme 2.0 for IT Hardware has been notified on 14.07.2023 and are available at following URL :https://www.meity.gov.in/esdm/production-linked-incentive-scheme-pli-20-it-hardware
The application window for receiving applications under the Scheme 2.0 for IT Hardware has been extended till August 30, 2023. The application portal for the aforesaid scheme has been made live and applicants can register/apply at https://2.pliithw.com/login.
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Why the PLI Scheme?
The Ministry says that the domestic electronics hardware manufacturing sector faces lack of a level playing field vis-à-vis competing nations. The sector suffers disability of around 8.5% to 11% on account of lack of adequate infrastructure, domestic supply chain and logistics; high cost of finance; inadequate availability of quality power; limited design capabilities and focus on R&D by the industry; and inadequacies in skill development.
The vision of National Policy on Electronics 2019 (NPE 2019) is to position India as a global hub for Electronics System Design and Manufacturing (ESDM) by encouraging and driving capabilities in the country for developing core components and creating an enabling environment for the industry to compete globally.
