SubsidyMinistry of Electronics and Information Technology (MeitY)Verified 19 May 2026Official source

Production Linked Incentive — Electronics & IT Hardware

The PLI Scheme 2.0 for IT Hardware aims to boost domestic manufacturing of electronics by offering a 5% incentive on net sales over a base year. Companies must demonstrate significant incremental sales and investment in local production.

Maximum amount
₹50.0Cr
Typical payout
₹50.0L
Processing time
2–24 weeks
Application window
Closed (potential reopening contingent on budget/targets)

Check if your startup qualifies for Production Linked Incentive — Electronics & IT Hardware

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Eligibility criteria

Company type
Private Limited, LLP
Stage
Growth Stage (₹1Cr–₹25Cr), Scaling (₹25Cr+)
States
All India (nationwide)
Sectors
electronics, iot
Min annual revenue
₹50.0Cr

Documents required

1
Certificate of Incorporation
Official document proving company registration. It is mandatory to demonstrate the legal formation of the company.
Tip: Ensure the company's CIN is clearly mentioned for portal registration.
2
Memorandum of Association (MoA)
Document outlining the company’s objectives and structure. Mandatory for legal purposes.
Tip: Include the latest version that reflects any changes in corporate objectives.
3
Articles of Association (AoA)
Document detailing the company’s regulations and policies. Mandatory for legal compliance.
Tip: Check for any recent amendments or updates before submission.
4
Corporate Identification Number (CIN)
Unique identification number for the company. Required for portal access and registration.
Tip: Verify that the CIN matches the details on the incorporation certificate.
5
Audited Financial Statements
Financial records for the last 3 years verified by a Chartered Accountant. Mandatory for financial eligibility.
Tip: Ensure all statements are duly certified by a CA with the correct fiscal years.
6
Net Worth Certificates
CA-certified documents displaying the company's net worth for the last 3 years. Mandatory to verify financial health.
Tip: Include supporting calculations for asset valuations.
7
Global Revenue Proof
Documentation of global sales revenue for the past 3 years. Mandatory for financial eligibility.
Tip: Ensure alignment of these figures with audited financial statements.
8
Base Year Sales Proof
Self-certified records and invoices of the base year's production figures. Mandatory for incentive calculations.
Tip: Use multiple forms of documentation like invoices or internal sales reports.
9
Business & Localization Plan
5-6 year plan for investments, domestic value addition, and employment targets. Mandatory for strategic alignment.
Tip: Highlight key milestones and planned outcomes clearly.
10
Investment Proof
Documentation of funding sources and capital expenditure plans. Mandatory for proving committed Capex.
Tip: Detail the timeline and use of funds in setting up plant and machinery.
11
Contract Manufacturing Agreements
Required if production is outsourced to an EMS provider. Includes contracts, registrations, and compliance certificates.
Tip: Ensure all legal contracts are signed and dated appropriately.
12
Group Entity Data
Financials and shareholding of parent or group entities if pooling criteria. Required for combined eligibility.
Tip: Include organizational charts for clarity.
13
Trusted Source Certification
Security clearance for server firmware, required if critical components are involved.
Tip: Obtain from relevant national security agencies or certified labs.

How to apply for PLI Electronics

1
Register a corporate profile using your CIN at the official PLI IT Hardware Application Portal.Open portal
2
Complete mobile number and email verification through the portal's OTP system.
3
Download, fill, and upload the data matrix via the MeitY Application Forms Portal.
4
Submit the non-refundable application fee of ₹1,00,000 via RTGS/NEFT transfer.
5
Lock and password-protect the strategic investment sections before submission.

Frequently asked questions

Who is eligible for PLI Electronics?

PLI Electronics is available to Private Limited, LLP companies at the Growth Stage (₹1Cr–₹25Cr), Scaling (₹25Cr+) stage, across all Indian states (nationwide).

How much funding does PLI Electronics provide?

PLI Electronics provides up to ₹50.0Cr. Most applicants receive around ₹50.0L.

How long does PLI Electronics approval take?

The typical processing time from submission to disbursement is 2–24 weeks.

Is PLI Electronics currently accepting applications?

Yes, PLI Electronics is currently active and accepting applications. Application window: Closed (potential reopening contingent on budget/targets).

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Information is based on publicly available scheme guidelines. Last verified 19 May 2026. Always verify with official sources before applying.