Meity may not change value addition target for mobiles under PLI scheme
Business Standard|September 21, 2024
The Ministry of Electronics and IT (Meity) will not change the value-addition target for manufacturers of mobile devices, which fall under the production-linked incentive (PLI) scheme.
SURAJEH DAS GUPTA
Meity may not change value addition target for mobiles under PLI scheme

The government had fixed the target based on commitments made by the players at 35-40 per cent by the time the scheme ends in 2026-27. According to industry estimates, value addition by the eligible players currently ranges from 15 per cent to 20 per cent.

Though it is not linked to the incentives, the government has been monitoring the numbers. A top official in Meity said: "There is no change in value addition expectations of the government." The response comes at a time when many participants in the PLI scheme want the initial commitment made on value addition relaxed.

この記事は Business Standard の September 21, 2024 版に掲載されています。

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この記事は Business Standard の September 21, 2024 版に掲載されています。

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