The commitments made by 19 companies which have applied for the government’s production-linked incentive (PLI) scheme to manufacture IT hardware such as laptops, tablets, all-in-one PCs and servers, fall far short of the ambitious projections for exports, production, employment and incremental investments.
When the Cabinet cleared the PLI scheme in February this year, the ministry of electronics and information technology (MEITY) had projected a total production value of Rs 326,000 crore in the next four years. Of this, 75 per cent, or Rs 245,000 crore, was expected to.....
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