productivity-linked incentive: India should include ICT, chip components in PLI scheme: ITI president Jason Oxman

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India should consider including ICT and semiconductor components in its productivity-linked incentive scheme (PLI) to promote manufacturing in the country, as about 85% of these are currently imported, said Jason Oxman, president, Information Technology Industry Council (ITI).“The opportunity for India to focus a programme of incentives on the ecosystem in semiconductors and in ICT is a big one,” Oxman said, adding that the global industry body has suggested this to the government.

The ITI represents the likes of Google, Meta, Dell Technologies,…



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productivity-linked incentive: India should include ICT, chip components in PLI scheme: ITI president Jason Oxman


India should consider including ICT and semiconductor components in its productivity-linked incentive scheme (PLI) to promote manufacturing in the country, as about 85% of these are currently imported, said Jason Oxman, president, Information Technology Industry Council (ITI).“The opportunity for India to focus a programme of incentives on the ecosystem in semiconductors and in ICT is a big one,” Oxman said, adding that the global industry body has suggested this to the government.

The ITI represents the likes of Google, Meta, Dell Technologies,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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