About this scheme
Production Linked Incentive scheme for Large-Scale Electronics Manufacturing — mobiles, components, semiconductors. 4-6% incentive on incremental sales over a base year for 5 years. Disbursed quarterly by MeitY.
What you get
- Incentive 4-6% on incremental sales (over base year)
- 5-year incentive period
- No upper ceiling (paid on actual incremental sales)
- Quarterly disbursement by MeitY
- Stacks with electronics cluster benefits
- Tax-free deemed export benefits available
Who qualifies
Indian and global companies in electronics manufacturing — mobiles, components, semiconductors, IT hardware. Minimum committed cumulative investment of Rs. 100-1,000 Cr (depends on sub-segment). Must achieve incremental sales targets.
Available across India (central scheme).
How to apply
- 1Apply via MeitY portal during open window
- 2Submit project proposal + investment plan
- 3Selection via Empowered Committee
- 4Sign MoU with MeitY (5-year commitment)
- 5File quarterly production + sales data
- 6Incentive paid within 90 days of quarterly verification
Key terms and conditions
- Minimum incremental sales target each year
- Annual investment milestones
- Quarterly third-party audited production data
- Penalty for missing targets in any year
What disqualifies you
- MSME segment uses separate Modified PLI track
- Trading-only companies excluded
- Mobile imports & rebadging excluded
Documents typically required
- Project proposal
- Financial statements
- MoU with MeitY
- Production data quarterly
The content above is compiled from public information published by the scheme authority. Eligibility, benefits, and procedures are subject to change. Confirm details directly with the official portal before applying. BharatSeal does not process scheme applications.