IT hardware PLI scheme generated output worth ₹10,015 cr

THE production linked incentive (PLI) scheme for IT hardware and its 2.0 version have collectively generated a total production value of ₹10,014.72 crore as of December 2024.

- ENS ECONOMIC BUREAU @ New Delhi

As per the Ministry of Electronics and Information Technology (MeitY), the schemes, which incentivize the production of electronic items like smartphones, laptops, personal computers and desktops, have attracted ₹522.17 crore in investment and created 3,879 direct jobs so far.

Building on the success of the scheme for mobile phones, the government approved the PLI scheme 2.0 for IT hardware on May 17, 2023. This expanded scheme supports the manufacturing of laptops, tablets, all-in-one PCs, servers, and ultra-small form factor devices in India. A total of 27 IT hardware manufacturers, including leading brands like Acer, Asus, Dell, HP, and Lenovo, have been approved under the scheme.