NEW DELHI: The IT and electronics ministry is more likely to go to the Cabinet with a brand new production-linked incentive scheme for electronics elements as govt seems to be to go deeper into manufacturing provide chain. Government additionally plans to increase the writer importation scheme for laptops by one other three months after finish of this 12 months.
Sources mentioned IT ministry is drafting a Cabinet note on the matter because it plans to scale back the dependence of Indian electronics makers on element imports from China and different competing economies. “Work on the Cabinet note is on, and we intend to move on this front soon,” a prime supply mentioned, including India will achieve additional inroads into the element ecosystem as soon as the incentive scheme is rolled out.
It is believed that PLI scheme may have sops value 1000’s of crores of rupees and may have situations round incentives and job creation.
