Cabinet okays PLI for IT, pharma sector

Sarkaritel
By Sarkaritel February 24, 2021 16:00

Cabinet okays PLI for IT, pharma sector


New Delhi, Feb 24  The Union Cabinet on Wednesday approved Production Linked Incentive (PLI)schemes for IT and pharma sectors.

It has also approved PLI for laptops, tablets, all in one personal computers and servers.

The five largest companies of the world manufacturing laptops or tablets will be brought to India and will be offered PLI, said Union Minister for Electronics and Information Technology and Communications, Ravi Shankar Prasad.

The development comes just a week after the Cabinet approved the PLI scheme for telecom equipment.

The push for domestic manufacturing cones in line with the government’s vision of Atmanirbhar Bharat.

Sarkaritel
By Sarkaritel February 24, 2021 16:00

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