The Ministry of Electronics and IT had approved some proposals by electronics manufacturers under its Production Linked Incentive (PLI) Scheme.
The production linked incentive (PLI) scheme, introduced by the government across the 10 key specific sectors is aimed at making manufacturers globally competitive and attract investment in the areas of core competency.
The scheme is targeted at making the country an integral part of the global supply chain.
According to a recent research report by CARE Ratings, the final proposals of PLI for the individual sectors will be appraised by the Expenditure Finance Committee (EFC) and approved by the Union Cabinet.
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