The Indian Cellular and Electronics Association of India (ICEA of India) has petitioned the government on extending the production-linked incentive (PLI) scheme to components and sub-assemblies for electronics with an initial budgetary allocation of Rs 5,000 crore. This, it said, is to “test the waters”.
The organisation has projected that components and sub-assemblies could provide a $100-billion export opportunity in the next five years.
This comes after the government has not been able to push localisation (make in India) and therefore value addition by imposing tariffs on inputs and components for sub-assemblies to make mobile devices.
The ICEA has said