 "Govt makes first disbursement under PLI scheme, Delhi firm to get Rs 52 cr")
The government has cleared the first disbursement under its production-led incentive (PLI) scheme across sectors, allotting a Delhi-based company about Rs 52 crore for October-December 2021.
The money, to be given to Dixon Technologies — an electronics manufacturing services company (EMS) tasked to manufacture mobile devices — comes after international companies expressed concerns about the scheme over delays in disbursements.
Under the PLI scheme for mobile devices, companies that meet their investment and incremental production revenues will get 4-6 per cent incentive for five years on their incremental sales. The incentive for the first year of the scheme — FY22 — is
