Industry hails PLI scheme, bats for an MSME targeted plan.

The domestic electronics industry has welcomed the approval given to 16 eligible applicants under the Ministry of Electronics and IT (MeitY) run Production Linked Incentive (PLI) scheme. However, to help small and medium manufacturers join the PLI bandwagon effectively, it has pitched for an MSME targeted PLI Scheme or widening of the existing scheme. Industry body Electronic Industries Association of India (ELCINA) hailed the nod given to the 16 PLI projects.