The government is planning to provide production-linked incentives (PLI) worth ₹7,500 crore to manufacturers of laptops, tablets, personal computers, and servers with incentives ranging from 2-4%, the Financial Express reported. The government is expected to set different qualifying standards for domestic and foreign manufacturers, a similar condition under the PLI scheme for smartphone manufacturing. The Ministry of Electronics and Information Technology (MEITY) is looking to launch the scheme by April 1, the report said. Foreign manufacturers would be eligible to avail the subsidy if their laptops are priced over ₹30,000, and tablets over ₹15,000, per the report. On the other hand local companies will have no such condition. Meanwhile, investment targets for overseas firms are expected to be fixed at ₹500 crore, which they’ll have to invest over four years. For local companies, the investment target will be ₹20 crore.…
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