PLI Scheme to Herald A New Era in Mobile Phone and Electronic Components Manufacturing
Ministry of Electronics and Information and Technology (MeitY) has approved 16 eligible applicants under the PLI Scheme.Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing notified on 1st April, 2020,extends an incentive of 4% to 6% on incremental sales (over base year) of goods under target segments that are manufactured in India to eligible companies, for a period of five years subsequent to the base year (FY2019-20).