From The Economic Times · ET Online · · 50s
India Electronics Firms Get PLI Incentives
India's electronics firms received Rs 19,091 crore in PLI incentives as investments hit Rs 20,580 crore.
In brief
India's electronics firms received Rs 19,091 crore in PLI incentives as investments hit Rs 20,580 crore. India's electronics sector received Rs 19,091 crore in PLI incentives and Rs 20,580 crore in investments under the government's scheme. Originally reported by The Economic Times.
PLI Incentives for Electronics
Large-scale electronics manufacturing companies received Rs 19,090.98 crore in incentives under India's PLI scheme.
“Rs 19,090.98 crore”
Investments Reach Rs 20,580 Crore
The electronics sector attracted Rs 20,580.20 crore in investments under the PLI scheme.
“Rs 20,580.20 crore”
PLI Scheme Extended
The electronics PLI scheme, originally set for five years, was extended through 2025-26.
“extended through 2025-26”
Smartphone Export Growth
Smartphone exports rose from $5.5 billion in 2021-22 to about $30 billion in 2025-26.
“rose from $5.5 billion in 2021-22 to about $30 billion in 2025-26”
PLI Scheme Impact
The electronics sector became the biggest recipient of PLI incentives among 14 sectors covered by the scheme.
“biggest recipient of PLI incentives among 14 sectors”
The big picture
India's electronics sector received Rs 19,091 crore in PLI incentives and Rs 20,580 crore in investments under the government's scheme.
