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Centre to launch Rs 12,000 crore PLI scheme for high-end components: Report

PLI Scheme: The move, which may attract global giants like Apple to enhance production in the country, is being discussed to develop a complete ecosystem for electronic manufacturing in India

Govt raises import duties up to 20% on telecom equipment, components
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BS Web Team New Delhi
The Centre may soon launch a production-linked incentive (PLI) scheme for the high-end components for electronic products like smartphones, servers and computers with an outlay of Rs 10,000-12,000 crore, a report in the Economic Times (ET) said. 

The move, which may attract global giants like Apple to enhance production in the country, is being discussed to develop a complete ecosystem for electronic manufacturing in India. 

"The scheme may offer incentives on the production of components as well as capital support for setting up production facilities. The final contours of the scheme are still to be finalised, but we are aiming