Welcome to the world of facts and news: IT hardware PLI purse may zoom 2.5 times to Rs 19,000 crore

IT hardware PLI purse may zoom 2.5 times to Rs 19,000 crore

According to a draft of the revised scheme — PLI for IT Hardware 2.0 — which is set to be circulated to major stakeholders for feedback, the restructured scheme will now offer incentives of 4-5.75% over five years, against 1-4% over a tenure of four years at present, officials aware of the matter told ET. Its financial outlay will touch about Rs 19,000 crore from Rs 7,350 crore, they said.

from Tech-Economic Times https://ift.tt/8EtryM3

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