<ul><li>The union cabinet has approved a production-linked incentive (PLI) scheme for non-semiconductor electronics components, with an outlay of INR 22,919 Cr.</li><li>The scheme aims to attract an investment of INR 59,350 Cr and generate production worth INR 4,56,500 Cr over six years, along with creating additional direct and indirect employment opportunities.</li><li>The scheme will focus on developing a robust component ecosystem, increasing domestic value addition, and integrating Indian companies with global value chains.</li><li>The incentive will be divided into three categories based on turnover, hybrid models, and capital equipment for electronics manufacturing.</li></ul>

Cabinet Approves INR 22,919 Cr PLI Scheme For Electronics Components

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