PLI for IT Hardware — 1-4% Incentive on Incremental Sales — Frequently Asked Questions
Answers to the questions founders most often ask about PLI for IT Hardware — 1-4% Incentive on Incremental Sales — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the main objective of the PLI Scheme for IT Hardware?
The scheme aims to boost domestic manufacturing and attract large investments in the IT hardware sector, covering products like laptops, tablets, all-in-one PCs, and servers, thereby promoting domestic value addition and reducing import dependency.
What kind of financial incentive does the scheme offer?
It offers a production-linked incentive ranging from 1% to 4% on net incremental sales (over a base year) of eligible goods manufactured in India.
How long is the incentive applicable for?
The incentive is applicable for a period of four years.
Who is eligible to apply?
Applicants must be companies registered in India, engaged in manufacturing eligible IT hardware products, meet minimum investment thresholds, achieve incremental production or sales targets, and comply with all scheme guidelines.
Which products are covered under the scheme?
The scheme covers laptops, tablets, all-in-one PCs, and servers.
Who implements the scheme?
The scheme is implemented by the Project Management Agency (PMA) under the Ministry of Electronics and Information Technology (MeitY).
Can companies that have already raised funding apply?
Yes, there are no restrictions mentioned regarding prior funding, making it open to companies irrespective of their past capital raises, as long as they meet the manufacturing and investment criteria.
Is there an application deadline?
The scheme is rolling and always open, so applications can be submitted at any time.
Does the scheme take equity?
No, the scheme provides subsidies/incentives, not equity funding, so it is non-dilutive.
What documents are typically needed for application?
Typically, you need incorporation documents, financial statements, detailed project reports, investment plans, and certifications as per the scheme guidelines.
Is DPIIT recognition required for PLI for IT Hardware — 1-4% Incentive on Incremental Sales?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for PLI for IT Hardware — 1-4% Incentive on Incremental Sales, though having it can strengthen your application and unlock other benefits.
Who offers PLI for IT Hardware — 1-4% Incentive on Incremental Sales?
PLI for IT Hardware — 1-4% Incentive on Incremental Sales is offered by Ministry of Electronics and Information Technology (MeitY), a government body. It is provided as non-dilutive funding.
How do I apply for PLI for IT Hardware — 1-4% Incentive on Incremental Sales?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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