 "PLI scheme, capex")
Global and Indian original equipment manufacturers (OEMs) and component firms are urging the Ministry of Electronics and Information Technology (Meity) to provide a combination of upfront capital expenditure (capex) support and production-linked incentives (PLI) under a proposed scheme to boost electronic component manufacturing in the country in core products.
They, it has been learnt, are seeking capex support on pari-passu basis, ranging from 25 per cent to 40 per cent on the project cost, with PLI of 3 per cent-6 per cent on the production value.
The Indian Cellular and Electronics Association (ICEA) is in discussions with the
