What you get
- The scheme provides a production-linked incentive to eligible companies. | - An incentive is provided on net incremental sales (over the base year) of goods manufactured in India. | - The incentive rate is: | - 4% to 2% / 1% on incremental sales. | - The incentive is applicable for a period of 4 years. | - The incentive is applicable only for goods covered under the target segment, which includes: | - Laptops | - Tablets | - All-in-One PCs | - Servers | Conditions Associated with Benefits: | - The applicant must manufacture eligible goods in India. | - The applicant must meet the eligibility criteria laid down under the scheme. | - Incentives are applicable only on net incremental sales over the base year. | - Only products falling under the defined target segment are eligible. | Validity:*** Incentive is provided for a period of 4 years.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the objective of the scheme?
The scheme aims to boost domestic manufacturing and attract large investments in the IT hardware value chain.
Which ministry has launched this scheme?
The scheme has been launched by the Ministry of Electronics and Information Technology (MeitY), Government of India.
What products are covered under the scheme?
The scheme covers laptops, tablets, all-in-one PCs, and servers.
What type of benefit is provided under the scheme?
The scheme provides a production-linked incentive on net incremental sales of eligible goods manufactured in India.
What is the incentive rate under the scheme?
An incentive of 4% to 2% / 1% is provided on net incremental sales over the base year.
What is the duration of the scheme?
The incentive is provided for a period of 4 years.
Who can apply under the scheme?
Companies registered in India and engaged in manufacturing eligible IT hardware products can apply, subject to meeting scheme criteria.
How is the scheme implemented?
The scheme is implemented through a Nodal Agency acting as a Project Management Agency (PMA).
On what basis is the incentive provided?
The incentive is provided based on net incremental sales of eligible products over the base year.