The Government of Gujarat has introduced the Scheme for Awards to MSMEs under the Industrial Policy 2020. This scheme aims to recognize and…
Production Linked Incentive Scheme (PLI) for IT Hardware
Ministry: Ministry of Electronics and Information Technology
The scheme aims to boost domestic manufacturing and attract investment in IT hardware. Through this scheme, financial incentives are provided to eligible manufacturers based on incremental sales.
About This Scheme
Benefits
- The scheme provides a production-linked incentive to eligible companies.
- An incentive is provided on net incremental sales (over the base year) of goods manufactured in India.
- The incentive rate is:
- 4% to 2% / 1% on incremental sales.
- The incentive is applicable for a period of 4 years.
- The incentive is applicable only for goods covered under the target segment, which includes:
- Laptops
- Tablets
- All-in-One PCs
- Servers
- The applicant must manufacture eligible goods in India.
- The applicant must meet the eligibility criteria laid down under the scheme.
- Incentives are applicable only on net incremental sales over the base year.
- Only products falling under the defined target segment are eligible.
Eligibility
- •
The applicant should be a company registered in India and engaged in manufacturing eligible IT hardware products.
- •
The applicant should meet the minimum investment thresholds specified under the scheme.
- •
The applicant should meet the incremental production or sales targets under the scheme.
- •
The applicant should comply with all conditions prescribed in the scheme guidelines.
- •
The applicant should be classified under the Global Companies or Domestic Companies category.
- •
The applicant should meet category-specific investment and production thresholds.
Required Documents
- ✦Certificate Of Incorporation
- ✦Company Registration Documents
- ✦Audited Financial Statements
- ✦Investment Details And Proof
- ✦Production And Sales Data
- ✦Bank Account Details
- ✦Statutory Approvals And Licenses
- ✦Undertaking/Declaration By Applicant
- ✦Any Additional Documents As Required By PMA
✦ Required ◦ Optional
How to Apply
Step 1: Visit the official portal of the Production Linked Incentive (PLI) Scheme for IT Hardware.
Step 2: Register on the portal using the company details.
Step 3: Access the application form available on the portal.
Step 4: Fill in all required details, including investment, production plans, and financial information.
Step 5: Upload all required documents as specified.
Step 6: Submit the application online within the prescribed timeline.
Step 7: The application will be evaluated by the Project Management Agency (PMA).
Step 8: Provide clarifications or additional documents, if requested during evaluation.
Step 9: Upon approval, receive the approval letter from the concerned authority.
Step 10: Commence production and submit claims for incentives on an annual basis.
Step 11: Claims will be verified by the Project Management Agency (PMA) and approved for disbursement.
Quick Info
- Level
- Central Government
Data Sources
- https://www.myscheme.gov.in/schemes/pliit ↗Accessed 6 days ago
- https://www.myscheme.gov.in/schemes/pliit ↗Accessed 14 days ago
- https://www.myscheme.gov.in/schemes/pliit ↗Accessed 14 days ago
- https://www.myscheme.gov.in/schemes/pliit ↗Accessed 22 days ago
- https://www.myscheme.gov.in/schemes/pliit ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/pliit ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/pliit ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/pliit ↗Accessed 1 months ago
