Govt is planning to expand the ambit of Production Linked Incentive Scheme via which Apple Inc aims to assembly iPads locally
Govt is planning to expand the ambit of Production Linked Incentive Scheme via which Apple Inc aims to assembly iPads locally
In order to reduce India's dependence on China, the government in March had announced a scheme that aims to give companies incentives on incremental sales from products manufactured in domestic units.
Initially launched for mobile manufacturing and other electronic components and later expanded to Critical Key Starting materials/Drug Intermediaries and Active Pharmaceutical Ingredients and Manufacturing of Medical Devices Cabinet has approved 10 more sectors.
|
Priority |
Sectors |
Implementing Ministry/Department |
|
1. |
Advance Chemistry Cell (ACC) Battery |
NITI Aayog and Department of Heavy Industries |
|
2. |
Electronic/Technology Products |
Ministry of Electronics and Information Technology |
|
3. |
Automobiles |
Department of Heavy Industries |
|
4. |
Pharmaceuticals drugs |
Department of Pharmaceuticals |
|
5. |
Telecom & Networking Products |
Department of Telecom |
|
6. |
Textile Products: MMF segment and technical textiles |
Ministry of Textiles |
|
7. |
Food Products |
Ministry of Food Processing Industries |
|
8. |
High Efficiency Solar PV Modules |
Ministry of New and Renewable Energy |
|
9. |
White Goods (ACs & LED) |
Department for Promotion of Industry and Internal Trade |
|
10. |
Speciality Steel |
Ministry of Steel |
Verifying, please be patient.
