Brands
Discover
Events
Newsletter
More

Follow Us

twitterfacebookinstagramyoutube
Youtstory

Brands

Resources

Stories

General

In-Depth

Announcement

Reports

News

Funding

Startup Sectors

Women in tech

Sportstech

Agritech

E-Commerce

Education

Lifestyle

Entertainment

Art & Culture

Travel & Leisure

Curtain Raiser

Wine and Food

YSTV

ADVERTISEMENT
Advertise with us

About 58 firms registered for Rs 17,000 Cr IT hardware PLI: Govt official

The Production-Linked Incentive Scheme 2.0 for IT hardware covers laptops, tablets, all-in-one PCs, servers and ultra-small form factor devices.

About 58 firms registered for Rs 17,000 Cr IT hardware PLI: Govt official

Monday August 28, 2023 , 2 min Read

As many as 58 companies, including top global players, have registered for the government's Rs 17,000-crore production-linked incentive (PLI) scheme for IT hardware, a senior government official said on Monday.

The Ministry of Electronics and IT, Secretary, Alkesh Kumar Sharma said that the response to PLI Scheme 2.0 for IT hardware has been more than expected.

"The last date for the scheme is August 30. 58 companies have registered," Sharma said on the sidelines of an event organised by the India Cellular and Electronics Association.

When asked if all the top global players have registered, Sharma answered in the affirmative.

He said several domestic companies have also registered for the scheme and added that more than two players have already applied for the scheme.

The Production-Linked Incentive Scheme 2.0 for IT hardware covers laptops, tablets, all-in-one PCs, servers and ultra-small form factor devices.

The scheme aims to broaden and deepen the IT hardware manufacturing ecosystem in the country.

Also Read
Startups can make India a hardware powerhouse, says HCL Co-founder Ajai Chowdhry

In May, the Union Cabinet had approved a Rs 17,000-crore incentive to boost local manufacturing of IT hardware like tablets and laptops, and the scheme is projected to generate an incremental production worth Rs 3.35 lakh crore over a period of six years.

The government has extended the last date for receiving applications under PLI Scheme 2.0 for IT hardware two times and has fixed the deadline of August 30.

Sharma said the deadline will not be extended further.