The production-linked incentive (PLI) scheme for large-scale electronics manufacturing has opened for the second round of applications, sources informed CNBC-TV18.

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Under this, 8 specified electronic component segments are being opened including SMT components, transistors, diodes, thyristors, PCBs, capacitors and sensors, sources said.

"30 companies will be considered for this," they added.

For the second round of applications, the tenure will be 4 years. Companies which were approved for the first PLI round in electronics won't be eligible for this. The applications for this can be made till March 31, 2021.

The baseline for investments is March 31, 2021, and the baseline for net sales is FY20, where minimum incremental investment can be Rs 25 crore over 4 years.

It must be noted that the first round of PLI on large-scale electronics manufacturing was open till July 31, 2020.

Earlier this month, the Prime Minister addressed a webinar on the Production Linked Incentive (PLI) Scheme, as part of a series on the implementation of specific aspects of the Union Budget 2021.

Meanwhile, the government has approved a total of 33 applications with a committed investment of Rs 5,082.65 crore under the production-linked incentive scheme for active pharmaceutical ingredients. Setting up of these plants will make the country self-reliant to a large extent in respect of these bulk drugs, the government had said.

(Edited by : Anshul)

First Published:Mar 12, 2021 9:03 AM IST