§1Who it is for
- Global, hybrid and domestic IT hardware makers
Useful if
Indian electronics assemblers already doing ₹50 crore+ in laptops/tablets/servers, if a window reopens.
Do not spend time on it if
Startups without manufacturing sales or firms that cannot commit ₹20 crore fresh investment.
§2Eligibility
- Any company registered in India can apply (para 10.1).
- Only one application per applicant.
- Applicants under existing PLI IT Hardware who have not claimed incentive may join as new entrants; those who claimed can join from the next year.
- Must meet yearly thresholds of incremental investment (after 31.03.2023) and incremental sales (Annexure-A).
- Domestic company = more than 50% of capital beneficially owned by resident Indian citizens and/or Indian companies owned and controlled by them (FDI Policy 2020).
- Server makers must use firmware from Indian sources or trusted foreign sources certified by MeitY.
- Selection by combined ranking and budget availability per category.
§3Benefits
- Average incentive of around 5% for localisation of items in Annexure-B; tapers every year.
- Ceiling per company: ₹4,500 crore (global), ₹2,250 crore (hybrid), ₹500 crore (domestic).
- Tenure 6 years from 1.07.2023, 1.04.2024 or 1.04.2025 as opted.
§4Norms — pattern of assistance
- Investment threshold — Global: ₹500 crore over 6 years (cumulative min Year 1: 50, Y2: 150, Y3: 250, Y4: 350, Y5: 450, Y6: 500 crore).
- Hybrid: ₹250 crore over 6 years (Y1: 25 … Y6: 250 crore).
- Domestic: ₹20 crore over 6 years (Y1: 4, Y2: 8, Y3: 12, Y4: 15, Y5: 18, Y6: 20 crore).
- Incremental sales threshold — Global: Y1 ₹1,000 crore rising to Y6 ₹15,000 crore; Hybrid: Y1 ₹500 crore to Y6 ₹7,500 crore; Domestic: Y1 ₹50 crore, Y2 ₹100 crore, Y3 ₹200 crore, Y4 ₹300 crore, Y5 ₹400 crore, Y6 ₹500 crore.
- Laptops counted at invoice value ₹30,000+ and tablets ₹15,000+ for global/hybrid categories.
- Base year FY2022-23 (FY2023-24 / FY2024-25 for later joiners).
- Investment shortfall of X% (up to 40%) cuts PLI by X/2%; held-back PLI released without interest if cumulative target is met later.
- Penalty of 5% if actual PLI is 25–50% below the estimate given at application; 10% if more than 50% below.
- Investment in contract manufacturing facilities counts as the applicant's investment.
§5Documents
The guideline does not list the documents. Ask the portal or bank before you apply — we do not make up lists.
§6How to apply
- 1
Applications are taken only when MeitY opens a window; check the MeitY PLI 2.0 page.
§7Pros and cons
Merits
- Domestic category threshold starts at only ₹4 crore investment in Year 1 (₹20 crore over 6 years) — the lowest entry point among electronics PLIs (notification).
- Investment by exclusive component suppliers can be counted towards the applicant's threshold (para 5.2.3).
- PIB (Nov 2023): 23 of 27 approved applicants were ready to start manufacturing on day zero.
Demerits
- Domestic firms still need ₹50 crore incremental sales in Year 1 rising to ₹500 crore by Year 6 (Annexure-A).
- Penalties if actual PLI falls short of projections (para 8.3).
- PLI pays only on incremental sales over a base year, so a new or small firm with no base-year sales or below the thresholds gets nothing (scheme design, PIB 2026).
→Related schemes
Need help with PLI IT Hardware 2.0?
Eligibility check, DPR and application file — ask us on WhatsApp.
Our interestHelp is our paid service. You can also apply for the scheme yourself.
¶Sources
- PIB Cabinet, 17 May 2023: PLI 2.0 for IT Hardware, ₹17,000 crore
- PIB, 30 May 2023: MeitY invites applications under PLI 2.0 IT Hardware
- PIB: Date for applications under PLI 2.0 IT Hardware extended till 30 Aug 2023
- PIB, 18 Nov 2023: 27 manufacturers approved under PLI 2.0 IT Hardware
- Gazette notification: PLI Scheme 2.0 for IT Hardware (MeitY)
Checked on 18 October 2026. For information only — confirm with the department or bank. Spotted a mistake? Report it.
