After Apple PLI, plug & play model in works for components
To kick-start large-scale domestic manufacturing of electronic components, the government is in the process of working out the contours of a new incentive scheme, which will be on the lines of plug and play model.
Officials said that the scheme which will be unveiled once a new government assumes office, will be different from production-linked incentive schemes as well as the subsidy scheme for semiconductors.
The aim of the plug and play model is to enable domestic production of printed circuit boards, electronic components such as resistors, diodes, camera modules, lens, metallics, etc.