Global Trade Alert
Global Trade Alert

India: Second Production Linked Incentive Scheme for IT Hardware approved

Announcement

17 May 2023

The Indian government has approved a production linked incentive scheme for the manufacture of IT hardware.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 May 2023

Revocation date:

16 May 2028

Announced: 17 May 2023
Production subsidy In force
On 17 May 2023, the Indian Union Cabinet of Ministers approved the Production Linked Incentive Scheme 2.0 for Information Technology Hardware. The scheme has a budget of INR 17'000 crore (USD 2.06 bil...
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