Production Linked Incentive Scheme 2.0:
The Operational Guidelines of Production Linked Incentive Scheme 2.0 for IT Hardware has been finalized.
- 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.
- 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.
- The incentives provided under the PLI 2.0 Scheme will be applicable for a period of 6 years
- Base year: For the calculation of net incremental sales of manufactured goods, the base year will be the financial year 2022-23.
