May 20, 2024

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Govt clears PLI scheme to spice up manufacturing of laptops, tablets, PCs

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Image Source : REPRESENTATIONAL IMAGE/PTI Govt clears PLI scheme to spice up manufacturing of laptops, tablets, PCs
The authorities on Wednesday accredited a production-linked incentive (PLI) scheme for laptops, tablets, all-in-one PCs and servers, because it seemed to woo world gamers to faucet India’s manufacturing capabilities.
The approval of PLI scheme for these hi-tech IT {hardware} devices comes after the Cabinet final week cleared a Rs 12,195 crore scheme for telecom tools manufacturing.
Briefing reporters after a gathering of the Cabinet, Communications and IT Minister Ravi Shankar Prasad stated the Cabinet cleared the about Rs 7,350 crore PLI scheme for IT {hardware} that will cowl laptops, tablets, all-in-one PCs and servers.

The scheme would place India as a producing hub, spur exports and create new jobs alternatives, Prasad added.
Incentives price Rs 7,350 crore might be supplied over 4 years for manufacturing of those merchandise in India. Production price Rs 3.26 lakh crore and exports price Rs 2.45 lakh crore are estimated over the 4 12 months timeline.
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