Production Linked Incentive Scheme 2.0 for IT Hardware

About Production Linked Incentive Scheme 2.0

The scheme proposes a financial incentive to boost domestic manufacturing and attract large investments in the value chain.

The target segments under PLI 2.0 Scheme shall include Laptops, Tablets, All-in-One PCs and Servers and Ultra Small Form Factor.

Implementation

Companies, both global and domestic, that meet the eligibility criteria specified in the PLI 2.0 Scheme guidelines will receive support for manufacturing goods in India within the specified target segment.

The classification of applicants into the Hybrid (Global/Domestic) category will be determined by whether the company is domestic or global.

A comprehensive ranking of all applicants will be maintained based on the eligibility criteria outlined in the scheme guidelines.

Subsequently, the selection of applicants in each category—global, hybrid, and domestic—will be based on their ranking and overall PLI projection, subject to the availability of the budget.

Tenure

The incentives provided under the PLI 2.0 Scheme will be applicable for a period of 6 years Incentives payout:

The maximum incentive amounts will be capped at INR 45 billion for global companies, INR 22.50 billion for hybrid (global/domestic) companies, and INR 5 billion for domestic companies.