§1Who it is for

  • Large mobile phone makers (global and domestic)
  • Makers of specified electronic components

Useful if

Reference only — shows how electronics PLI works; useful for suppliers to PLI beneficiaries.

Do not spend time on it if

Any new applicant — the scheme is closed.

§2Eligibility

  1. Company must manufacture goods in India covered under the target segments.
  2. Mobile (invoice value ₹15,000 and above): consolidated global manufacturing revenue in the target segment above ₹10,000 crore in the base year; ceiling of 5 eligible applicants.
  3. Mobile – Domestic: consolidated global manufacturing revenue above ₹100 crore in the base year; only domestic companies; ceiling of 5 applicants.
  4. Specified electronic components: consolidated global manufacturing revenue above ₹50 crore in the base year; ceiling of 10 applicants.
  5. Must meet yearly thresholds of incremental investment and incremental sales; investment made on or after 01.04.2020 counts.
  6. If a year's threshold is missed, no incentive for that year, but later years can still be claimed.

§3Benefits

  • Incentive of 6% (Year 1-2), 5% (Year 3-4), 4% (Year 5) on net incremental sales over base year FY2019-20.
  • Covers mobile phones and specified electronic components (SMT components, discrete semiconductors, passives, PCBs, sensors, SiP, MEMS, ATMP units).

§4Norms — pattern of assistance

  1. Incentive = Net incremental sales of eligible product × rate of incentive.
  2. Mobile (≥₹15,000): incremental investment ₹1,000 crore over 4 years (cumulative min Year 1: 250, Year 2: 500, Year 3: 750, Year 4: 1,000 crore); incremental sales Year 1: ₹4,000 crore rising to Year 5: ₹25,000 crore.
  3. Mobile – Domestic: ₹200 crore over 4 years (Year 1: 50 … Year 4: 200 crore); incremental sales Year 1: ₹500 crore rising to Year 5: ₹5,000 crore.
  4. Specified electronic components: ₹100 crore over 4 years (Year 1: 25 … Year 4: 100 crore); incremental sales Year 1: ₹100 crore rising to Year 5: ₹600 crore.
  5. Any 4 consecutive years between FY2021-22 and FY2025-26 can be chosen to meet thresholds; base year stays FY2019-20 (MeitY order 23.09.2021).

§5Documents

Tick each one as you get it ready.

§6How to apply

  1. 1

    Window closed in 2020. No new applications.

§7Pros and cons

Merits

  • PIB (Feb 2026): mobile phone imports fell nearly 77% since FY2020-21 and over 99% of domestic demand is now met by local production.
  • Domestic-company track had lower thresholds (₹200 crore investment over 4 years) than the global track.

Demerits

  • Even the domestic track needed ₹100 crore+ base-year revenue and ₹200 crore investment — out of reach for small firms (MeitY guidelines).
  • Applicant ceilings (5/5/10) meant only a handful of firms could be selected.
  • 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 Mobile / LSEM?

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Sources

  1. PIB Cabinet, 11 Nov 2020: PLI for 10 key sectors (outlay table)
  2. MeitY: PLI for Large Scale Electronics Manufacturing — guidelines presentation
  3. MeitY: FAQs on PLI Scheme (LSEM)
  4. MeitY order 23 Sep 2021: extension of tenure of PLI-LSEM
  5. PIB: PLI Scheme to herald a new era in mobile phone and electronic components manufacturing
  6. PIB, 20 Feb 2026: PLI with ₹1.91 lakh crore outlay, 836 applications, 14 sectors

Checked on 18 October 2026. For information only — confirm with the department or bank. Spotted a mistake? Report it.