Manufacturers are piqued over the low incentive structure of the scheme which offers only 1%-4% reward and does not compensate for the disabilities of shifting production to India of duty-free products like laptops, tablets and data servers from countries like China and Taiwan.
Government mulls import duty waiver for concentrator parts, placing oxygen delivery gear under PLI scheme
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The plan, that is being worked out between the Prime Minister’s Office, Niti Aayog and the the Department for Promotion of Industry and Internal Trade (DPIIT), also focuses on demand aggregation of zeolite which is used in Pressure Swing Adsorption (PSA) plants to generate medical oxygen.
AFP
This comes after the industry associations had sought more sops to overcome India’s import dependency.
The government is considering allowing duty free import of components used in the manufacture of oxygen concentrators and including concentrators and oxygen delivery related equipment in existing production-linked incentive scheme for medical devices, as part of its strategy to ramp up scarce medical oxygen supply in the country.
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PLI scheme on battery production to make India major hub, cut China dependence
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The PLI will also cut import dependence on China and increase local value addition in mobiles, electronics, automobile (EV) and the solar industry, the India Cellular and Electronics Association (ICEA) said in a statement Saturday.
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ACC batteries are the new generation of advanced storage technologies which store electric energy as electrochemical and convert it back to electric energy as and when required.
The government’s Rs 18,000- crore incentive scheme for advanced chemical cell (
ACC) battery production is the first major push to build capacity in core component technology, and will make India a global hub of clean energy, electronics makers say.
The government on Wednesday cleared a Rs 18,100-crore scheme aimed to promote local manufacturing by battery makers. The scheme is directed toward cutting import dependence and promoting electric vehicle (EV) adoption.