Global and domestic players eligible under the government’s production-linked incentive (PLI) scheme for IT hardware, have asked the ministry of electronics and information technology (MEITY) for a substantial increase in incentives as well as in the tenure of the scheme, as they are finding it difficult to get global brands to undertake contract manufacturing in India for laptops and tablets.
Global laptop brands feel it is cheaper to import the devices into the country at zero duty from their production bases in China and Taiwan. Hence, there is little incentive for them to manufacture in India or even export
Global laptop brands feel it is cheaper to import the devices into the country at zero duty from their production bases in China and Taiwan. Hence, there is little incentive for them to manufacture in India or even export