Meity looks to tweak the PLI scheme for top IT hardware companies

In its first year, the PLI scheme for IT hardware did not perform according to expectations

The Ministry of Electronics and Information Technology (MeitY) is engaged in discussions with global IT hardware makers which are looking to move part of their production capacity from China to India.

As part of these talks, MeitY is planning to rework the Production Linked Incentive (PLI) scheme for IT hardware to incorporate some of these companies’ requirements and make it relatively attractive for them.

In its first year, the scheme has not performed according to expectations. Most of the 14 global and domestic players have not been able to meet their investment or production targets to qualify for incentives.

Explaining the thinking behind