Industry hails PLI scheme, bats for an MSME targeted plan
Industry experts contend that the PLI scheme is a well directed initiative that will help in making India a competitive destination for electronics manufacturing and give a boost to nation’s Atmanir
The domestic electronics industry has welcomed the approval given to 16 eligible applicants under the Ministry of Electronics and IT (MeitY) run Production Linked Incentive (PLI) scheme. However, to help small and medium manufacturers join the PLI bandwagon effectively, it has pitched for an MSME targeted PLI Scheme or widening of the existing scheme.
Industry body Electronic Industries Association of India (ELCINA) hailed the nod given to the 16 PLI projects.
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