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Monday, December 23, 2024 | 05:04 PM ISTEN Hindi

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IT hardware companies call for more benefits under govt's PLI scheme

Global brands find import of laptops, tablets cheaper than making in India

IT hardware, electronics
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The IT hardware companies have asked the government to double the incentive provided under the scheme, which is between 1 per cent and 4 per cent

Surajeet Das Gupta New Delhi
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

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