NEW DELHI: The IT and electronics ministry is likely to go to the Cabinet with a new production-linked incentive scheme for electronics components as govt looks to go deeper into manufacturing supply chain. Government also plans to extend the import authorisation scheme for laptops by another three months after end of this year.
Sources said IT ministry is drafting a Cabinet note on the matter as it plans to reduce the dependence of Indian electronics makers on component imports from China and other competing economies. “Work on the Cabinet note is on, and we intend to move on this front soon,” a top source said, adding India will gain further inroads into the component ecosystem once the incentive scheme is rolled out.
It is believed that PLI scheme will have sops worth thousands of crores of rupees and will have conditions around incentives and job creation.
