K.S. Dhatwalia – DG PIB:
Cabinet approves Production Linked Incentive Scheme for IT Hardware; scheme proposes incentive to boost domestic manufacturing and attract large investments in the value chain of IT Hardware
Target segments include laptops, tablets, all-in-one PCs and servers.
Total cost of the proposed scheme is approximately Rs.7,350 crore over 4 years, which includes an incentive outlay of Rs.7,325 crore and administrative charges of Rs.25 crore
The scheme has an employment generation potential of over 1,80,000 (direct and indirect) over 4 years.
The Scheme will provide impetus to Domestic Value Addition for IT Hardware which is expected to rise to 20% – 25% by 2025