NEW DELHI: The Manufacturers Association of Information Technology (MAIT) has sought a 6% production linked incentive (PLI) for all electronics categories to “attract the migrating ships of manufacturing leaving China to India’s shores".
The industry body made the recommendation in a meeting with the Ministry of Electronics and Information Technology (MeitY) on Wednesday.
The body asked for the electronics sector to be categorised as a priority sector, with a “Central National Policy, including land clearances, labour laws, taxation, licenses, incentives" to be put in place.
It believes this will give India the ability to be as agile as countries like China and Vietnam with respect to manufacturing of products.