Under the Shrama Shakthi Loan scheme, religious minority community entrepreneurs will be trained in artistic and technical skills and will …
Production Linked Incentive Scheme (PLI) for IT Hardware Scheme 2.O
Ministry: Ministry of Electronics and Information Technology
The scheme aims to promote domestic manufacturing of Laptops, Tablets, All-in-One PCs, Servers, and Ultra Small Form Factor (USFF) devices in India through production-linked financial incentives.
About This Scheme
Benefits
The scheme provides a financial incentive for the net incremental sales of goods manufactured in India and covered under the target segment.<ol><li>Target Segment Products: The tangible benefits apply to the manufacturing of Laptops, Tablets, All-in-One Personal Computers (PCs), Servers, and Ultra Small Form Factor (USSF) devices.</li><li><strong>Incentive Rates (Year 1 → Year 6):</strong></li><ul><ul><li>Assembly of Laptops/Tablets/All-in-One PCs/USFF: 3% → 0%</li></ul><ul><li>Assembly of Servers: 3% → 0%</li><li>PCBA: 1.20% → 0.90%</li><li>Display Panel: 1.49% → 1.12%</li><li>Memory Modules: 0.95% → 0.71%</li><li>SSD: 0.95% → 0.71%</li><li>Cabinets/Chassis/Enclosures: 1.49% → 1.12%</li><li>SoC Processors designed in India: 3.24% → 2.43% (up to 3.78% → 2.84% for Servers)</li><li>Additional incentives available for ATMP and IC manufacturing in India</li></ul></ul><li><strong>Investment Shortfall Relief</strong></li></ol><ul><li>If investment shortfall is ≤40% of the threshold, incentive is still payable (with partial deduction of X/2%)</li><li>Withheld incentive is refunded without interest once the investment threshold is met in a later year.</li></ul><strong>Duration: </strong>Incentive given for 6 consecutive years within the scheme tenure<strong>Frequency:</strong> Claims can be filed quarterly, half-yearly, or annually<strong>Filing Deadline: </strong>Claims must be filed within 9 months from the end of the relevant financial year
Eligibility
- •
The applicant must be a company registered in India.
- •
The applicant should propose to manufacture goods covered under the Target Segment.
- •
The applicant must meet the threshold criteria of Incremental Investment.
- •
The applicant must meet the threshold criteria of Net Incremental Sales of manufactured target segment goods over the base year.
- •
The applicant should meet the qualification criteria based on Consolidated Global Manufacturing Revenue for Financial Year 2021-22.
- •
The applicant under the Global Company category must have a Consolidated Global Manufacturing Revenue greater than ₹50,00,00,00,000/- (5,000 crore) for the target segment or greater than ₹100,00,00,00,000/- (10,000 crore) for electronics hardware.
- •
The applicant under the Domestic Company category must have a Consolidated Global Manufacturing Revenue greater than ₹1,00,00,000/- (10 crore) for the target segment or greater than ₹2,00,00,000/- (20 crore) for electronics hardware.
- •
The applicant must localise at least Printed Circuit Board Assembly (PCBA) and assembly of finished goods from the first year.
Required Documents
- ✦Application Form (as prescribed in Annexure 3 )
- ✦Proof of Payment of Application Fee (₹1,00,000/- paid electronically)
- ✦Self-certified Statement of Consolidated Global Revenue for Financial Year (as per Annexure 4 )
- ✦Localisation Plan and Annual Incentive Projection
- ✦Integrity Compliance Certificate (as per Annexure 10 )
- ✦Independent Auditor’s Certificate (confirming investment and sales details)
- ✦Chartered Engineer Certificate (for physical verification of plant and machinery)
- ✦Managing Director/CEO Certificate Regarding Regulatory Clearances
- ✦Board Resolution (accepting terms and conditions)
- ✦Declaration from Component Supplier (if localisation is done through a supply chain partner)
- ✦Undertaking from the Contract Manufacturer (confirming they have not claimed double incentives).
✦ Required ◦ Optional
How to Apply
Step 1: Visit the official portal of the Production Linked Incentive (PLI) Scheme - 2.0 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/pliit20 ↗Accessed Today
