How to Apply for the PLI Scheme for Manufacturers of Mobile Phones in India?

The Production Linked Incentive (PLI) scheme for mobiles is a government initiative in India aimed at boosting domestic manufacturing and exports of mobile phones and components. The scheme is expected to attract significant investment from domestic and foreign mobile phone manufacturers, leading to the creation of new jobs and the development of a robust mobile phone manufacturing ecosystem in India. To learn more about the features and eligibility – CLICK HERE.
 

Why Apply for the PLI Scheme?

Apart from the financial incentives offered to the eligible manufacturers, the manufacturers are also capable to avail the following benefits:

• The scheme aims to boost domestic manufacturing of mobile phones and components, and subsequently reduce India's dependence on imports. Recipients of the incentives can benefit from the growing demand for locally manufactured products.
• Companies get the opportunity to expand their operations and increase their market share. By meeting the production and export targets, companies can unlock additional incentives and achieve faster growth.
• The encourages companies to invest in advanced technology and research and development. By adopting new technology and improving their products, companies can improve their competitiveness and position in the market.

 

What are Some Key Obligations as a Recipient of the PLI Scheme?

Under the PLI Scheme, the manufacturers are expected to fulfil certain obligations in order to remain eligible for complete benefits of the scheme and avoid penalties which may also impact the company’s reputation.

• Recipients must meet the annual production and export targets set by the government. The targets are based on the value of mobile phones and components manufactured in India.
• Recipients must comply with applicable quality standards and certification requirements for mobile phones and components set by the Bureau of Indian Standards (BIS).
• To qualify for incentives, companies must invest in advanced and updated technology, research and development. This can includes investment in areas such as 5G technology, artificial intelligence, and machine learning which are becoming prominent in the world of technology these days.
• Recipients are supposed to provide regular reports to the government on their production and export performance, investment in technology, and other relevant information.
• Recipients may be subject to audits by the government or its authorized representatives to verify their compliance with the scheme's requirements.

 

How to Pitch for PLI Scheme?

A manufacturer may need to provide a convincing pitch to the authorities in order to enjoy the benefits of the PLI scheme for manufacturing Mobile Phones and related components in India. Here are some essential steps to pitch for the PLI scheme in drone:

• Research the PLI scheme for drones: Before you pitch for the PLI scheme, make sure to understand the objectives, requirements and eligibility of the scheme.
• Highlight your company's capabilities: It is important to highlight your company's experience, expertise, and capabilities in the field of mobile phone manufacturing. It is important to share the company's track record, production capacity, and quality standards to demonstrate your ability to meet the production targets under the PLI scheme
• Present your investment and production plans: The PLI scheme for mobile phones is designed to encourage investments in its manufacturing in India. Therefore, clearly presenting investment plans, including the amount of investment, the sources of funding, and the timeline for investment is necessary. Also, a clear outline of the production plans and plan to achieve the targets can be beneficial.
• Emphasise the benefits of the PLI scheme: Highlighting the benefits of the PLI scheme for mobile phones and how it will help you scale up your manufacturing operations is important.

 

Process of Application and Disbursement of Incentives

 
The Production-Linked Incentive (PLI) scheme for mobile phones and related components is an initiative by the Indian government to promote its manufacturing in India. To apply for the PLI scheme for mobile phones and related components, an eligible manufacturer may follow the following steps:

1. Register on the PLI portal: You can visit the PLI portal (https://pli-eda.gov.in/) and create an account by providing your basic details.

2. Fill in the application form: The application form may require you to provide details such as your company name, address, production targets, investment plans, etc.
3. Upload the required documents: You may also need to upload certain documents such as company registration certificate, PAN card, GST registration, etc.
4. Submit the application: After filling in the application form and uploading the required documents, you can submit your application for the PLI scheme for drones.
5. Wait for approval: Once you have submitted your application, it will be reviewed by the PMA. If your application is approved, the incentives shall disburse after completion of all pre-disbursal formalities.

 
The PLI scheme is expected to drive economic growth, create employment opportunities, reduce imports, and make India a manufacturing hub for mobiles. With the potential to drive significant growth and development in the Indian mobile manufacturing sector, the scheme is a step towards achieving the vision of "Atmanirbhar Bharat" (self-reliant India).