Measuring success

Increasing PLI allocation will not be enough

In another attempt to boost electronics manufacturing, the Union Cabinet on Wednesday approved the production-linked incentive (PLI) scheme 2.0 for IT hardware with a budgetary outlay of Rs 17,000 crore, compared to the previous allocation of Rs 7,325 crore. The scheme is aimed at incentivising the production of devices such as laptops, tablets, personal computers, and edge computing devices in the country. The tenure of the scheme has also been increased to six years from four years. The average incentive has been enhanced to 5 per cent compared to 2 per cent offered in the previous version of the scheme.