|
PLI 1.0
|
PLI 2.0
|
| Launch Year |
March 2020 |
May 2023 |
| Objective |
Promote domestic manufacturing, reduce imports, create jobs |
Enhance IT hardware manufacturing, increase global competitiveness |
| Budget |
₹7,350 crore (for IT hardware) |
₹17,000 crore (for IT hardware) |
| Duration |
4 years |
6 years |
| Incentive Structure |
1% – 4% of incremental sales over the base year |
~5% of incremental sales over six years |
| Sectors Covered |
- Initially focused on 3 sectors: Mobile manufacturing, electrical components, and medical devices.
- Later expanded to 14 sectors, including: Specified electronic components, critical key starting materials (pharma), auto components, pharma drugs, specialty steel, telecom and networking, electronics/technology products, white goods (ACs, LEDs), food products, textiles (MMF/technical textiles), high-efficiency solar PV modules, advanced chemistry cell (ACC) batteries, drones
|
Primarily IT hardware (laptops, tablets, servers, PCs) |
| Component Incentives |
No additional incentives for specific components |
Additional incentives for local component manufacturing (e.g., memory modules, SSDs) |
| Expected Investment |
₹2,500 crore (estimated) |
₹2,430 crore (estimated) |
| Employment Generation |
Not specified in detail |
75,000 direct jobs, up to 2 lakh indirect jobs |
| Production and Export Targets |
Not explicitly stated |
₹3.35 lakh crore production; $12-17 billion exports by 2025-26 |
| Eligibility and Caps |
Domestic companies with minimum investment of ₹20 crore |
Global, hybrid, and domestic companies with caps (₹4,500 crore for global, ₹2,250 crore for hybrid, ₹500 crore for domestic) |
