PLI Scheme 2.0 for IT Hardware – Up to 3.78% Incentive for Indian Manufacturers — Frequently Asked Questions
Answers to the questions founders most often ask about PLI Scheme 2.0 for IT Hardware – Up to 3.78% Incentive for Indian Manufacturers — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the primary objective of the PLI Scheme 2.0 for IT Hardware?
The scheme aims to boost domestic manufacturing of IT hardware products like laptops, tablets, all-in-one PCs, servers, and USFF devices in India, while also incentivizing incremental investment, localization, and employment generation.
Which products are covered under this scheme?
The scheme covers laptops, tablets, all-in-one personal computers (PCs), servers, and ultra-small form factor (USFF) devices, as well as components like PCBA, display panels, memory modules, SSDs, cabinets/chassis/enclosures, and SoC processors designed in India.
Who is eligible to apply for this scheme?
Companies registered in India that propose to manufacture target segment goods, meet incremental investment and sales thresholds, and have specific consolidated global manufacturing revenue criteria (varying for Global vs. Domestic companies) are eligible. They must also localize PCBA and finished goods assembly from the first year.
What kind of financial incentive is offered?
The scheme provides financial incentives on net incremental sales of manufactured goods in India, with rates varying from 0.90% to 3.78% over six consecutive years, depending on the product or component.
How frequently can claims be filed?
Claims for incentives can be filed quarterly, half-yearly, or annually, providing flexibility for manufacturers to align with their operational cycles.
What happens if a company faces an investment shortfall?
If the investment shortfall is 40% or less of the threshold, incentives are still payable with a partial deduction, and any withheld incentive is refunded without interest once the investment threshold is met in a later year.
Is DPIIT or MSME registration required?
The source material does not specify any DPIIT or MSME registration requirement. The key eligibility criteria are being an Indian-registered company and meeting the revenue thresholds.
Does the scheme take equity?
No, the PLI scheme provides financial incentives in the form of subsidies, not equity. It is non-dilutive, meaning you do not give up ownership.
What documents are typically needed for application?
The source does not list specific documents. However, you will need to provide company details, investment plans, production plans, and financial information as part of the application form.
How do I apply for the scheme?
Applications are submitted online through the dedicated PLI Scheme 2.0 for IT Hardware portal. You register, fill the application form with details on investment and production, upload supporting documents, and submit. The Project Management Agency evaluates and may request clarifications.
What is the application deadline for PLI Scheme 2.0 for IT Hardware – Up to 3.78% Incentive for Indian Manufacturers?
PLI Scheme 2.0 for IT Hardware – Up to 3.78% Incentive for Indian Manufacturers runs on a rolling basis with no fixed deadline — applications are accepted on an ongoing basis. Check the official site to confirm the window is currently open.
Who offers PLI Scheme 2.0 for IT Hardware – Up to 3.78% Incentive for Indian Manufacturers?
PLI Scheme 2.0 for IT Hardware – Up to 3.78% Incentive for Indian Manufacturers is offered by Ministry of Electronics and Information Technology (MeitY), a government body. It is provided as non-dilutive funding.
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