Cabinet approves Rs 7,350-Cr PLI scheme for manufacture of IT hardware

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The government expects the scheme to generate direct and indirect revenues of Rs 15,760 crore, and potentially create more than 1.8 lakh jobs over four years.

The Union Cabinet has approved the production-linked incentive (PLI) scheme for information technology (IT) hardware products such as personal computers, laptops, tablets, and servers, with incentives worth Rs 7,350 crore, which will be provided over four years for manufacturing of these products in India. In a statement, the government said this PLI scheme is aimed at boosting domestic manufacturing and attracting large investments in the value chain of these IT hardware products.

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