production linked incentive scheme

Government to Launch New PLI Scheme for IT Hardware: Rajeev Chandrasekhar

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Government to Launch New PLI Scheme for IT Hardware: Rajeev Chandrasekhar

The Central government will soon launch an information technology server and IT hardware production linked incentive (PLI) scheme, and also offer additional incentives for manufacturers that incorporate Indian-designed intellectual property into their products, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said on Tuesday. Virtually addressing the VLSI Design Conference 2023 that began … Read more

Government Approves Sops for Foxconn, Padget Electronics Under PLI Scheme

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Government Approves Sops for Foxconn, Padget Electronics Under PLI Scheme

The government has said that it has approved the incentives for two companies — Foxconn India and Padget Electronics — for mobile manufacturing under the production-linked incentive (PLI) scheme for the large-scale electronics manufacturing (LSEM) sector. According to a statement from NITI Aayog, the Empowered Committee headed by NITI Aayog Chief Executive Officer Param Iyer … Read more