Government targets to achieve exports of INR 35,000 Crores (USD 5
Billion) by 2025 which in turn eases the norms and in turn the huge potential for the
manufacturers
Strategic Partnership Model for enhancing the role of the private
sector across various military platforms on a long-term basis
Investment Opportunities
MRO facilities development
Government of India Initiatives for Electronics Manufacturing
New Electronic Schemes
Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing
Scheme for Promotion of Manufacturing of Electronic Components & Semiconductors (SPECS)
Incentive: Incentive of 4% to 6% on incremental sales (over base year) of goods manufactured in India
Target Segments: Mobile Phones and Specified Electronic Components
Eligibility: Eligibility shall be subject to thresholds of incremental investment and incremental sales of manufactured goods
Tenure of the Scheme: Five years subsequent to the base year as defined (FY 19-20)
Incentive: Incentive of 25% on Capital Expenditure pertaining to plant, machinery, equipment, associated utilities and technology, including Research & Development on reimbursement basis
Target Segments: Electronic Components, Semiconductors, Specialized Sub-Assemblies and Capital Goods for these items
Eligibility: Applicable to Investments in New Units as well as Expansion of Existing Units
Tenure of the Scheme: SPECS will be open for applications for 3 years. Investments made within 5 years from the date of acknowledgement will be eligible for receiving incentive
Incentive: Financial incentives of up to 50% of the project cost will be awarded, subject to a ceiling of INR 70 crore for every 100 acres of land
Target Segments: Applications under the scheme can be made by State Governments, State Implementing Agencies, Central Public Sector Units (CPSU), State Public Sector Units (SPSU), Industrial Corridor Development Corporation (ICDC), etc.
Eligibility: Electronics Manufacturing companies with a commitment to purchase/lease a minimum of 20% of the land area and invest a minimum of INR 300 crore
Tenure of the Scheme: EMC 2.0 will be open for applications for 3 years. A further period of 5 years will be available for disbursement of funds
Government of India Initiatives for Electronics Manufacturing
Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing
Incentive: Incentive of 4% to 6% on incremental sales (over base year) of goods manufactured in India
Target Segments: Mobile Phones and Specified Electronic Components
Eligibility: Eligibility shall be subject to thresholds of incremental investment and incremental sales of manufactured goods
Tenure of the Scheme: Five years subsequent to the base year as defined (FY 19-20)
Scheme for Promotion of Manufacturing of Electronic Components & Semiconductors (SPECS)
Incentive: Incentive of 25% on Capital Expenditure pertaining to plant, machinery, equipment, associated utilities and technology, including Research & Development on reimbursement basis
Target Segments: Electronic Components, Semiconductors, Specialized Sub-Assemblies and Capital Goods for these items
Eligibility: Applicable to Investments in New Units as well as Expansion of Existing Units
Tenure of the Scheme: SPECS will be open for applications for 3 years. Investments made within 5 years from the date of acknowledgement will be eligible for receiving incentive
Incentive: Financial incentives of up to 50% of the project cost will be awarded, subject to a ceiling of INR 70 crore for every 100 acres of land
Target Segments: Applications under the scheme can be made by State Governments, State Implementing Agencies, Central Public Sector Units (CPSU), State Public Sector Units (SPSU), Industrial Corridor Development Corporation (ICDC), etc.
Eligibility: Electronics Manufacturing companies with a commitment to purchase/lease a minimum of 20% of the land area and invest a minimum of INR 300 crore
Tenure of the Scheme: EMC 2.0 will be open for applications for 3 years. A further period of 5 years will be available for disbursement of funds