A Tamil Nadu Government Portal
Open 24/7 Open 24x7 Toll Free Number: 18002583878 Tenders
search
Latest Policies
Highlights
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)
Modified Electronics Manufacturing Clusters Scheme (EMC 2.0)
  • 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
plus minus
  • 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
Modified Electronics Manufacturing Clusters Scheme (EMC 2.0)
  • 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
Top Investors
Reach our Experts
Debasis Dash