Nineteen companies filed their applications under the PLI scheme for IT Hardware
A total of 19 companies have filed their application under the Production Linked Incentive Scheme (PLI) for IT Hardware which was notified on 3 March 2021. The scheme was open for filing applications till 30 April 2021, a government release said. Incentives are applicable under the scheme from 1 April 2021, it further said
PLI for IT Hardware was notified on 3 March 2021. It extends an incentive of 4% to 2%/ 1% on net incremental sales (over base year of FY 2019-20) of goods under target segments that are manufactured in India