Tech
‘Road to $500-billion mission’: Electronics PLI scheme gets a thumbs up
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In a major step towards strengthening domestic electronics manufacturing, the Union Cabinet on March 28 cleared a ₹22,919-crore Production-Linked Incentive (PLI) scheme for component manufacturing.
The initiative is expected to generate ₹4.56 lakh crore in production and attract ₹59,350 crore in investments, while creating 91,600 direct jobs and many more indirect employment opportunities.
Industry leaders have welcomed the move, calling it a transformational push for India’s electronics sector. The scheme includes employment-linked…
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