Companies need separate 3% PLI incentives for PCB making

In a letter written to the Ministry of Electronics and IT (MeitY) on December 19, the India Cellular & Electronics Association (ICEA) sought a Rs 15,000-crore incentive bundle strictly for export of PCBAs and barring of merchandise reminiscent of cell phones and laptops that are already claiming PLI.

Electronics producers have urged the federal government to introduce a separate production-linked incentive (PLI) of three% on meeting of printed circuit boards (PCBs), which presents an export alternative of $109 billion, second solely to cell phones, over the subsequent 5 years.In a letter written to the Ministry of Electronics and IT (MeitY) on December 19, the India Cellular & Electronics Association (ICEA) sought a Rs 15,000-crore. The Greater India