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 |
|
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) |
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