Centre extends application date for 2nd phase of PLI scheme for IT hardware
In May, the Centre had notified the second phase of the production-linked incentive (PLI) scheme for IT hardware with a budgetary outlay of Rs 17,000 crore, more than doubling the incentives in the initial version of the plan, aimed at attracting ...

In May, the Centre had notified the second phase of the production-linked incentive (PLI) scheme for IT hardware with a budgetary outlay of Rs 17,000 crore, more than doubling the incentives in the initial version of the plan, aimed at attracting global companies like Dell, HP, Apple, and Samsung to manufacture in India.
The revised scheme was notified in the Gazette after the Union Cabinet approved it on May 17. The new scheme will extend an average incentive of around 5%—more than double the 2% incentive offered in the previous version — to make laptops, tablets, all-in-one PCs, servers, and ultra small form factors in India.
The new scheme has added flexibilities in both tenure and investments for participants. While the total tenure of the scheme is six years, applicants have the choice to choose 2023, 2024, or 2025 as the base year for investment and calculating incremental sales.
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