Cabinet Meet Outcome | #Cabinet approves IT Hardware PLI
Have augmented budget outlay to Rs 17,000 cr. Total investment under PLI estimated at Rs 2,430 cr, likely to be higher, says IT Minister @AshwiniVaishnaw
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Incentive assured has been increased to 5%. Tenure of the PLI scheme has been increased to 6 years from 4 years, adds IT Minister @AshwiniVaishnaw
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On target to achieve electronics manufacturing target of $300 m by #FY26. Maximum benefit provided under scheme can go up to 8-9%, on use of local components, says IT Minister @AshwiniVaishnaw On Electronics Manufacturing
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