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Electronic Manufacturers Bag PLI Scheme Of Rs 765 Cr From Centre
The total worth of the scheme is Rs 765 crore and a big chunk of it is bagged by Wistron, a Taiwan-based electronic manufacturer
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The government of India announced another tranche of a production-linked incentive (PLI) scheme for electronics manufacturing, according to a media report on Tuesday.
The total worth of the scheme is Rs 765 crore and a big chunk of it is bagged by Wistron, a Taiwan-based electronic manufacturer.
Wistron is popularly known as Apple's contract manufacturer in India and its total incentive to be received is Rs 601.93 crore. Another manufacturer to receive the government incentives is Dixon Technologies, a unit of Padget with a total amount of Rs 149.63 crore.
Meanwhile, AT&S, Shogini and Alcon Electronics will receive incentives worth Rs 7.58 crore, Rs 3 crore and Rs 2.40 crore, respectively.
Commenting on the vigour in the electronics manufacturing space, ICEA chairman Pankaj Mohindroo emphasised the nation’s perspective of seeing a new era of great coordination between industry and policymakers or implementers.