Programmes & Schemes
By promoting the localisation of components and sub-assemblies and providing a longer timeframe for the development of the supply chain within the nation, the PLI Scheme 2.0 for IT Hardware is anticipated to lead to the expansion and strengthening of the manufacturing ecosystem. In order to further encourage growth, the program is linked to additional revenue and investment thresholds and offers applicants more freedom and possibilities. Additionally, the PLI Scheme 2.0 for IT Hardware offers incentives for semiconductor design, IC manufacture, and packaging.