Extend PLI to all electronics manufacturing, says industry

Electronics and semiconductor companies want the government to extend performance linked incentives (PLIs) to include all types of manufacturing.

On April 1, the government came up with a ₹41,000-crore PLI scheme, the contours of which are applicable to domestic mobile phone manufacturing.

The scheme involves providing incentives in the range of 4- 6 per cent on incremental sales of goods manufactured in India and covered under target segments, for five years from the base year. Till date, most electronics manufacturing is confined to assembling with very low value addition and PLI is a way to attract large investments in the electronics value chain, including electronic components and semiconductor packaging.