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Govt to launch PLI schemes for 10 sectors in 45 days. Is it overambitious?

By setting a deadline of 45 days for extending the scheme to 10 industries, the government may be ignoring the critical demands of the targeted industries

PLI, Product-linked scheme, electronics, manufactuing, jobs, companies, research, mobile, smartphone, employment, tech

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The cabinet announced PLI schemes for 10 industries — automobiles and components, telecom equipment, laptops and PCs, air conditioners, electric batteries, among others

Surajeet Das Gupta New Delhi

5 min read Last Updated : Nov 17 2020 | 6:10 AM IST

In April, the government made its big tryst with production-linked incentive (PLI) scheme to transform India into a global export hub for mobile devices.

Global brands such as Apple Inc, through its vendors, and Samsung lined up to participate in the scheme, which offered incentives of 4 to 6 per cent for five years on phones priced over $200, provided companies commit to incremental investment and production every year. So the seven firms (three of which will make for Apple) have committed to make incremental investment of Rs 10.5 trillion over five years, of which 65 per cent will be

Topics : PLI scheme Indian Economy manufacturing India smartphone market automobile industry electronics policy Pharma industry

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