Live
- Creators must take the India story to the world, says Piyush Goyal
- Sensex, Nifty end lower as investors stay cautious
- GHMC Seizes Pratima Hospital in Hyderabad Over Unpaid Property Taxes
- India name squad for AFC Beach Soccer Asian Cup 2025
- K'taka Dy CM Shivakumar to attend meeting on March 22 in Chennai to oppose delimitation
- Pakistan: 18-hour long power outages during Ramadan make normal life miserable
- NYT Mini Crossword Answers and Solutions - March 13, 2025
- Abu Azmi calls for peaceful Holi, Ramzan Friday prayers
- What! Parineeti Chopra shares her ‘CCTV footage’
- Encroachment on confiscated land of chit fund entity: ED warns Bengal govt
Set up manufacturing under PLI 2.0 for IT hardware, seize the India opportunity: ICEA

The India Cellular and Electronics Association (ICEA) on Monday urged the global and domestic supply chain stakeholders to capitalise on the opportunities in the production-linked incentive (PLI) scheme 2.0 for IT hardware in the country.
New Delhi: The India Cellular and Electronics Association (ICEA) on Monday urged global and domestic supply chain stakeholders to capitalise on the opportunities in the production-linked incentive (PLI) scheme 2.0 for IT hardware.
With a substantial budgetary outlay of more than $2 billion, the initiative heralds a significant pivot towards bolstering the IT Hardware manufacturing landscape in the country, ICEA said in a statement.
The PLI 2.0 scheme encompasses IT hardware items including laptops, tablets, all-in-one PCs, servers, and ultra-small form factor devices, aligning with the trajectory of achieving $25 billion in IT hardware production with exports projected between $12-17 billion by 2025-26.
“The PLI 2.0 scheme is a significant lever in this shift, presenting a fertile ground for both global and domestic supply chains to expand or establish their manufacturing footprint in India, a market with inherent demand and immense growth potential,” said Pankaj Mohindroo, Chairman, ICEA.
More than 45 companies have submitted applications under PLI Hardware 2.0 and "many of them are already in the process of setting up their plants," Union IT and Railways Minister Ashwini Vaishnaw told IANS last month.
"Chips today are an integral part of our lives. The semiconductor manufacturing is also going to help the IT hardware PLI 2.0 in a very big way because this PLI has special incentives for chips which are manufactured in India," Vaishnaw had said during the inauguration of US-based Micron’s Rs 22,500 crore semiconductor plant in Sanand, Gujarat.
The PLI 2.0 scheme's architecture, offering an average incentive of 5 per cent over six years, alongside incentives for localisation of key components and sub-assemblies, is designed to foster a conducive ecosystem for IT hardware manufacturing.
“The detailed incentives for localisation of key components and subassemblies, including Bare PCB, memory modules, display panel, power adapter and battery, among others, are tailored to significantly lower the entry barriers for manufacturers,” Mohindroo added.
In the initial years, PLI-approved firms will hone in on final assembly and PCBA, with a standalone PLI percentage tapering from 3 per cent to 2 per cent and then to 1 per cent.
“By building domestic capabilities in supply chain, they not only retain a 3 per cent incentive but have the prospect to augment to more than 8 per cent, catalysing a mutually beneficial landscape for PLI firms, the supply chain, and the nation as capacities for sub-assemblies/ components burgeon,” said Mohindroo.

© 2025 Hyderabad Media House Limited/The Hans India. All rights reserved. Powered by hocalwire.com