MeitY hopes to implement the program by 1 April after an authorization in principle by the government.
The disbursement for production-related incentives to make laptops, tablets, personal computers and servers was set at Rs 7,500 crore with expected benefits in the range of 2-4%. Just as it did when it launched a production-related incentive (PLI) program for cell phone manufacturers, the government is likely to set different qualification targets for domestic and foreign companies, official sources told FE. While overseas gamers would be eligible for the incentives if laptops are priced above Rs 30,000 and tablets cost more than Rs 15,000, local gamers would not be subject to this condition. MeitY hopes to implement the program by 1 April after an authorization in principle by the government.
Investment targets for foreign players would be set at around Rs 500 crore spread over a four-year period (Rs 125 crore per year) while for local clubs it would be Rs …
- According to this source MeitY draft: PLI spend for laptops, servers at Rs 7,500 crore
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