India News

IT hardware PLI: Only 2-3 of 14 firms likely to meet first-year targets
Writer Admin
Only two or three companies out of the eligible 14 firms are likely to meet their first-year targets for the production-linked incentive (PLI) scheme for IT hardware for the fiscal year ending March 31. Some companies blamed inadequate sops under the scheme while others pointed to the continuing global supply chain issues and chip shortages, for hurting their local manufacturing plans.