Production Linked Incentive Scheme (PLI) for IT Hardware Scheme 2.O

The Production Linked Incentive (PLI) Scheme 2.0 for IT Hardware, introduced by the Ministry of Electronics and Information Technology (MeitY), Government of India, is intended to increase domestic manufacturing of IT hardware. It offers financial incentives to eligible companies producing specified goods within India. The scheme covers Laptops, Tablets, All-in-One Personal Computers (PCs), Servers, and Ultra Small Form Factor (USFF) devices. It applies to Indian-registered companies, classified as Global Companies, Hybrid (Global/Domestic) Companies, and Domestic Companies, engaged in manufacturing qualifying IT hardware.

The scheme's objectives include promoting self-reliance and strengthening India's position as a global electronics manufacturing hub. It encourages incremental investment in plant, machinery, equipment, Research and Development (R&D), and Transfer of Technology (ToT) related to the target segment. A central aim is to increase localisation of components and sub-assemblies across the IT hardware value chain, raising domestic value addition. The scheme also aims to create employment opportunities tied to manufacturing, supporting economic growth and skill development.

The application for the PLI Scheme 2.0 for IT Hardware is submitted online via the designated portal.

- Go to the official PLI Scheme 2.0 for IT Hardware portal. - Create an account on the portal with your company’s full details. - Complete the detailed application form, covering investment figures, production schedules, and financial data. - Attach all required supporting documents as per the guidelines. - Submit the finished application online before the deadline. - Wait for the Project Management Agency (PMA) to assess it. - Respond to any requests from the PMA for further information or documents during review. - If approved, you will get an approval letter from the competent authority. - After approval, start production and file claims for incentives every year. - The PMA checks these claims and processes them for payment.

The designated Project Management Agency (PMA) examines each application against the scheme’s eligibility and threshold criteria, reviewing the company’s stated investment, production plans, and financial details. If needed, the PMA asks for further clarification or supporting documents to confirm compliance.

After an application is approved, the PMA remains involved by checking the annual claims that approved manufacturers submit. It verifies that incremental sales and investment targets are being met on a consistent basis before it authorises the release of incentives.