Learn & Grow
Learn & Grow
March 1, 2025 at 09:22 AM
*Production Linked Incentive (PLI) 2.0 for IT Hardware 🏭💻* *📢 Why in the News?* ✅ The Indian government has approved *27 leading manufacturers* under the *PLI Scheme 2.0* for IT hardware to *boost domestic manufacturing & attract large investments.* *🔍 Quick Facts:* 🔹 *Scheme Type* : Central Sector Scheme 🔹 *Incentive Duration:* 6 Years 📆 🔹 *Implementing Agency:* IFCI (Industrial Finance Corporation of India) 🏦 🔹 *Budget Allocation:* ₹17,000 crore (Doubled from PLI 1.0) 💰 🔹 *Boosting* 🇮🇳 Make in India & Atmanirbhar Bharat 🌍 *🎯 Key Objectives:* 🚀 Drive *self-reliance in IT hardware* manufacturing 📈 Attract *big-ticket investments* in the value chain 💼 *Generate jobs* & enhance local production *🔑 Salient Features:* ✅ *Greater Flexibility* for applicants ✅ *Extended Supply Chain Development* timeframe ✅ *Encourages Foreign + Domestic Participation* *🏭 Who Can Apply?* 📌 *Global Manufacturers* 🌎 📌 *Hybrid (Global + Domestic) Players* 🔄 📌 *Domestic Indian Companies* 🇮🇳 *🔥 Targeted IT Segments:* 💻 Laptops | Tablets 📱 🖥 All-in-One PCs | Servers 🖥 Ultra Small Form Factor (USFF) Devices *🆕 Key Additions in PLI 2.0:* 🔹 *Semiconductor Design & IC* Manufacturing now included ⚙️ 🔹 *Sales-linked incentives* for selected products 🏷️ 🔹 *Empowered Group of Secretaries* (EGoS) for real-time monitoring 📊 *🚀 Impact & Future Outlook* 📢 *$10 Billion* + Expected Investments 💰 📢 1 *0 Lakh* + New Jobs Created 🏗️ 📢 *Boost to Domestic Supply Chains* 🔗 🔹 #pli2 #makeinindia #digitalindia #manufacturing #ithardware #electronics #indiagrowth #techrevolution #startupindia #msme #globalsupplychain #techmanufacturing #pathfinder_careerguide #rosemaryinstitute #rosemaryfoundation #staunchinfrastructure #staunchinfotech #staunchconsultancy #superstructural
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