Government may hike IT hardware PLI sops more than double to Rs 17,000 crore in new plan

NEW DELHI: The government, which wants global IT companies like Dell, HP, Apple and Samsung to expand manufacturing in India, will soon come out with a revised production-linked incentive (PLI) scheme for IT hardware that is likely to propose more than doubling the incentive structure and the financial outlay to Rs 17,000 crore.

Officials aware of the development told ET that the PLI scheme for IT hardware, which covers laptops, tablets, all-in-one PCs, servers and ultra-small form factor (USFF) desktops, in its new form (PLI 2.0) is likely to have an outlay of Rs 17,000 crore compared with Rs 7,350 crore in the ongoing scheme. The average incentive over six years will be about 5.3% compared with the 2.2% over five years offered now, they said.