Electronic Components Manufacturing

The National Policy on Electronics is a policy roadmap that has been created to position India as a global hub of Electronics System Design and Manufacturing (ESDM) by encouraging and driving capabilities in the country for developing core components including chipsets, and creating an enabling environment for the industry to compete globally.
In order to position India as a global hub for ESDM and push further the vision of the National Policy on Electronics (NPE) 2019, the following three schemes were notified on April 1st, 2020.
 

Seeks to boost large-scale domestic manufacturing by offering an incentive of 4-6% on incremental sales over a period of 5 years for mobile phones and specified electronic components.

A microsite containing more information on this scheme can be found here - https://www.investindia.gov.in/schemes-for-electronics-manufacturing

Incentives of 25% is offered on capital expenditure pertaining to plant & machinery, associated utilities, and technologies on a reimbursement basis.

A microsite containing more information on this scheme can be found here - https://www.investindia.gov.in/schemes-for-electronics-manufacturing

Incentives of 50% of project cost (subject to ceilings) offered to enable the setting up of world-class electronics infrastructure.

A microsite containing more information on this scheme can be found here - https://www.investindia.gov.in/schemes-for-electronics-manufacturing

Roadmap for tariff rationalization to promote depth in manufacturing.

PPO 2017 has been notified to encourage ‘Make In India’ and promote manufacturing and production of goods and services in India with a view to enhancing income and employment.

“Fund of funds” to promote innovation, IP creation, Research & Development (R&D) and commercialization.