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Big players, bigger bets: Tech firms line up for Rs 23K crore PLI jackpot

Industry awaits fine print as scheme promises over 5% incentives

PLI scheme India, electronics manufacturing India, Dixon Technologies PLI, Amber Enterprises PLI, Tata Electronics investment, Murugappa Group electronics, Foxconn India investment, TDK Corporation India, AT&S Austria India, Murata Manufacturing Indi
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The scheme envisages investments ranging from ₹50 crore to ₹1,000 crore across different segments of electronic components, with the highest being in printed circuit boards (PCBs) and passive parts like capacitors, among others

Surajeet Das Gupta New Delhi

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Leading home-grown companies — Dixon Technologies (India), Amber Enterprises India, Tata Electronics, Chennai-based Munoth Industries, and Murugappa Group — along with global majors such as Japan’s TDK Corporation, Taiwan’s Hon Hai Technology Group (Foxconn), Austria’s AT&S Austria Technologie & Systemtechnik AG (AT&S AG), and Japan’s Murata Manufacturing Co, among others, have expressed initial interest in participating in the ₹22,919 crore production-linked incentive (PLI) scheme cleared by the Union Cabinet late last week, according to those privy to stakeholder discussions with the government.
 
The scheme envisages investments ranging from ₹50 crore to ₹1,000 crore across different segments of electronic components, with