Govt proposal of Rs 7,000 crore PLI for IT hardware insignificant; at least Rs 20,000 crore needed: MAIT
IT hardware makers urge the government to allocate Rs 20,000 crore under the production-linked incentive scheme, to boost manufacturing of personal computers, tablets and servers in the country.
The proposed amount of around Rs 7,000 crore is insignificant for global players to relocate their facilities to India, said industry body MAIT.
The Manufacturers’ Association of Information Technology (MAIT), whose members include Apple, Dell, HP and Lenovo, wants the government to address various disabilities that the sector faces including improvement in export infrastructure to support growth under the PLI scheme.
MAIT President Nitin Kunkolienker told PTI, “We are looking for higher funds for the PLI scheme. For laptops, servers, etc, the government has just proposed Rs 7,325 crore.