Hardware trading body along with Asus, Dell and other members sends letter to IT ministry requesting PLI for these sectors

Industry organization representing major electronics manufacturers including AsusDell, Google, Canon and others, Information Technology Manufacturers Association (MAIT), asked the government to introduce initiatives such as the production-linked incentive (PLI) diagram for wearable devices and electronic components.
MAIT’s plea comes in the wake of MeitY’s plans to introduce similar PLI schemes for the e-ecosystem. Earlier, senior officials reportedly said the government would begin a consultation process on possible electronic components PLI scheme. However, officials had earlier noted that the consultation process would take place after the conclusion of the ongoing Lok Sabha elections.

What MAIT wrote in its letter to the IT ministry

MAIT sent a letter addressed to S. Krishnan (seen by ET), Secretary, Ministry of Electronics and Information Technology (MeitY). In this letter, the trade authority stated that these incentives will not only boost exports, but also improve large-scale production capacity and may even attract investment in the electronics sector. Rajkumar RishiThe president of MAIT wrote: “For PLI components in particular, we could consider creating one PLI for electronics, rather than splitting them into sectors to build electronics. Based on previous experience, focusing solely on one sector may have limited the effectiveness of the mobile PLI component.
The emergence of global value chains and India’s PLI and Make in India programs have led to a noticeable increase in the country’s global trade, especially in the electronics and ICT sectors. At MAIT, we believe that India can integrate seamlessly global supply chainsIt is essential to adapt regulations that encourage global leaders to invest and enable local businesses to participate.
As more and more companies consider investing in Indian manufacturing, we anticipate faster growth in production, exports and the overall economy. One of the top industry priorities listed in the MAIT Industry Recommendations for MeitY and related ministries is to develop a robust cyber security strategy for a new India.”
The industry also argued that the PLI scheme for hearing and wearable devices would help meet the government’s ambitious export targets, the industry body added.
Apart from this, the industry body also suggested that the upcoming cybersecurity strategy should be aligned with the legal or regulatory framework of key international partners. This will support the creation of more trusted and secure international, cyber-secure supply chains and collective security, MAIT noted.