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PLI schemes in electronics manufacturing will lead to production worth ₹10.5 lakh crore in next five years, says MEITY secretary

Screenshot of RS TV interview of Ajay Prakash Sawhney
Representational picture.

Various production-linked-incentive (PLI) schemes for electronics will lead to a minimum incremental production of ₹10.5 lakh crore over the next four financial years, and around ₹6.5 lakh crore's worth will be exported, said Ajay Prakash Sawhney, secretary, Ministry of Electronics and Information Technology (MEITY). Sawhney, who gave an interview to Rajya Sabha TV earlier this week, also indicated that a policy or strategy, surrounding data centre infrastructure for artificial intelligence (AI), is on the cards and will be unveiled soon. The senior bureaucrat said that the PLI schemes will bring sophisticated manufacturing capacity to India, which will enable production of "top of the line" mobile handsets, printed circuit board (PCB) assembly and so on. He was referring to a series of schemes that the Indian government has unveiled this year. Earlier this week, the government announced a PLI scheme for 10 sectors…

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