NEW DELHI: The government could unveil a Rs36,000-crore fund to provide production-linked incentives (PLI) to smartphone<\/a> makers to wean high-end electronic manufacturing away from China and Vietnam to India in the upcoming budget, three top government officials said.

MeitY<\/a> (Ministry of Electronics and Information Technology) is working on a productionlinked incentive and there will be certain rigid criteria to avail this incentive. We only want those companies which are going to make India an electronics manufacturing and export hub to be able to use this incentive,” one of the officials told ET.

The official added that while this was primarily to attract global supply chain companies such as
Apple<\/a> and Samsung<\/a> to make India their manufacturing and export base, some other incentives - credit guarantee schemes and interest subvention schemes – were designed to help local phone makers such as Lava become dominant global players in the entry segment, were also being thrashed out.
\n \n \n \n \n \n \n \n

\"\"
<\/span><\/figcaption><\/figure>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n

A fortnight ago, the PM had met with smartphone manufacturers including representatives from Apple, Samsung and Lava and sought suggestions on how to make India an electronics manufacturing and export hub. Following this, government officials have fast-tracked working on the modalities of the incentives that need to be doled out to attract big ticket investments in the country.

The government has set an ambitious target to increase smartphone exports from the country to $110 billion by 2025 from $3 billion now.

The PLI scheme is expected to formally replace the duty credit scrip under the Merchandise Exports from India Scheme (Meis), which India suspended from December 31. Duty credit scrip is a certificate with certain monetary value that can be utilised for payment of customs duty.

“The new scheme is most likely also going to be a form of duty credit scrip,” said another senior officer, adding that the fund would be spread out over a period of five years and the budgetary support from the scheme in the first year could be close to ?3,000 crore.

The news would bring cheer to the smartphone manufacturing industry that hit the panic button after a government notification halved MEIS support from 4% to 2% from January 1. The likes of
Foxconn<\/a> — the world’s largest contract manufacturer of smartphones that is also among the biggest in India where it makes phones for Apple — as well as Samsung, Huawei, Vivo<\/a> and Oppo that together account for over 80% of $500-billion global mobile phone market, have demanded clarity on the export sops.

A high-level committee set up by the Prime Minister’s Office in July, chaired by Niti Aayog CEO Amitabh Kant, is believed to have submitted that the government could support as much as 7% through a suitable MEIS replacement. Officials said the final support could range between 5% and 7%.

Under the PLI scheme, the criterion being deliberated on include employment generated, investment made, average selling price of phones and production. The industry is however batting for lesser number of qualifiers to make the scheme less complicated and more effective.

\n\n\n\n\n\n<\/p>

Read also<\/h4>
<\/a><\/figure>
Government plans higher duty sops to lure phone companies to Make in India<\/a><\/h5><\/div><\/div><\/div>\n\n\n\n\n\n\n\n\n\n\n\n
According to various industry studies, the policy support in Vietnam renders India uncompetitive by 10-12% points and the disability of India compared to China lies between 19-23%.

Indian Cellular & Electronics Association, which has Apple, Foxconn,
Xiaomi<\/a> and Flextronics among its members, has flagged subsidy for machinery & equipment, cost of power, incentive for supporting industry, labour subsidy, logistics and reduction of land rentals as other disabilities India faces in comparison to rivals such as Vietnam. These issues, the industry holds, can be negotiated with respective state governments Government officials are trying to ensure that the new policy is WTO compliant and doesn’t directly link the support to exports while ensuring that the funds are not used for manufacturing devices<\/a> to be sold locally.
\n\t\n\t\n\t\n\t\n\t\n\n\n\n\n\n\n\n\n\n\n\n
<\/body>","next_sibling":[{"msid":73276979,"title":"Saankhya Labs appoints Abhay Karandikar to its Board of Advisors","entity_type":"ARTICLE","link":"\/news\/saankhya-labs-appoints-abhay-karandikar-to-its-board-of-advisors\/73276979","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"73286241","title":"mobile","entity_type":"IMAGES","seopath":"tech\/hardware\/govt-may-unveil-rs-36-k-cr-plan-to-get-more-phones-made-in-india\/mobile","category_name":"Govt may unveil Rs 36 K-cr plan to get more phones made in India","synopsis":"The government has set an ambitious target to increase smartphone exports from the country to $110 billion by 2025 from $3 billion now.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-129717\/73286241.cms?width=150&height=112","link":"\/image\/tech\/hardware\/govt-may-unveil-rs-36-k-cr-plan-to-get-more-phones-made-in-india\/mobile\/73286241"},{"msid":"72225466","title":"9 foldable smartphones you need to know about","entity_type":"PHOTOGALLERYSLIDESHOWSECTION","seopath":"slide-shows\/9-foldable-smartphones-you-need-to-know-about","category_name":"Slide-Shows","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-100197\/72225466.cms?width=150&height=112","link":"\/slide-shows\/9-foldable-smartphones-you-need-to-know-about\/72225466"}],"msid":73287378,"entity_type":"ARTICLE","title":"Government may unveil Rs 36,000 cr plan to get more phones made in India","synopsis":"Indian Cellular & Electronics Association, which has Apple, Foxconn, Xiaomi and Flextronics among its members, has flagged subsidy for machinery & equipment, cost of power, incentive for supporting industry, labour subsidy, logistics and reduction of land rentals as other disabilities India faces in comparison to rivals such as Vietnam.","titleseo":"telecomnews\/govt-may-unveil-rs-36-k-cr-plan-to-get-more-phones-made-in-india","status":"ACTIVE","authors":[{"author_name":"Anandita Singh Mankotia","author_link":"\/author\/479231328\/anandita-singh-mankotia","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479231328.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":false,"msid":479231328,"author_name":"Anandita Singh Mankotia","author_seo_name":"anandita-singh-mankotia","designation":"Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2020-01-16 08:29:35","lastupd":"2020-01-16 12:42:09","breadcrumbTags":["Narendra Modi","Xiaomi","apple","Samsung","Smartphone","Foxconn","Devices","MeitY","Vivo","hardware"],"secinfo":{"seolocation":"telecomnews\/govt-may-unveil-rs-36-k-cr-plan-to-get-more-phones-made-in-india"}}" data-authors="[" anandita singh mankotia"]" data-category-name="" data-category_id="" data-date="2020-01-16" data-index="article_1">

政府可能推出Rs 36000 cr计划来获得更多的手机在印度

印度手机&电子协会,苹果、富士康,小米和伟创力在其成员中,有标记的补贴机械与设备、电力成本,激励支持产业,劳动力补贴,降低物流和土地租赁其他残疾印度面临着越南等竞争对手相比。

辛格Anandita Mankotia
  • 更新2020年1月16日,是42点

新德里:政府可以推出Rs36,000-crore基金提供根据激励(PLI)智能手机制造商让高端电子制造业从中国和越南印度在即将到来的预算,三名政府高级官员说。

MeitY(电子和信息技术)是致力于productionlinked动机和将会有一定的刚性标准激励效果。我们只希望这些公司会让印度电子制造业和出口中心能够使用这个动机,”其中一名官员告诉ET。

广告
这位官员补充说,虽然这主要是吸引全球供应链等公司苹果三星印度生产和出口基地,其他一些激励——信贷担保计划和利益补助金计划——旨在帮助当地的手机制造商,如熔岩成为主导全球玩家的入口段,也被打败了。


两周前,下午会见了智能手机制造商包括来自苹果、三星和熔岩和印度寻求建议如何使电子制造业和出口中心。这之后,政府官员已加快工作的形式激励需要发放吸引大额投资。

政府已经设定了一个雄心勃勃的目标,增加智能手机从中国的出口从30亿美元到2025年1100亿美元。

PLI计划预计将正式取代商品出口下的责任信用票据从印度计划(说),印度从12月31日暂停。责任信用代币是证书和一定的货币价值,可以用于支付关税。

“新方案是最有可能也将成为一种责任信用票据,”另一位高级官员说,并补充称,该基金将分散在一段五年,第一年预算计划的支持可能接近? 3000卢比。

广告
新闻会将乐动扑克欢乐带给智能手机制造业,政府通知后惊慌失措减半MEIS支持从1月1日从4%降至2%。这样的富士康——世界上最大的智能手机代工制造商,也是最大的,使得苹果手机在印度——以及三星、华为、体内和相对应的人占5000亿美元全球手机市场的80%以上,要求明确出口标准作业程式。

一个高级委员会设立的总理办公室7月,由镍钛Aayog CEO Amitabh康德,认为提交政府可以支持多达7%多企业信息系统通过一个合适的替代者。官员说,最后的支持可能范围在5%和7%之间。

PLI方案下,正在审议的标准生成包括就业,投资,手机的平均售价和生产。然而打击产业较小数量的限定符计划那么复杂和更有效。

读也


根据不同行业的研究,政策支持在越南呈现印度竞争力10 - 12%点和印度相比,中国的残疾位于19 - 23%之间。

印度手机&电子协会,苹果、富士康,小米和伟创力在其成员中,有标记的补贴机械与设备、电力成本,激励支持产业,劳动力补贴,降低物流和土地租赁其他残疾印度面临着越南等竞争对手相比。这些问题,这个行业,可以与每个邦政府政府官员正试图确保新政策是WTO兼容和不直接链接支持出口的同时确保资金没有用于生产设备在当地销售。

  • 发表在2020年1月16日上午08:29坚持
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NEW DELHI: The government could unveil a Rs36,000-crore fund to provide production-linked incentives (PLI) to smartphone<\/a> makers to wean high-end electronic manufacturing away from China and Vietnam to India in the upcoming budget, three top government officials said.

MeitY<\/a> (Ministry of Electronics and Information Technology) is working on a productionlinked incentive and there will be certain rigid criteria to avail this incentive. We only want those companies which are going to make India an electronics manufacturing and export hub to be able to use this incentive,” one of the officials told ET.

The official added that while this was primarily to attract global supply chain companies such as
Apple<\/a> and Samsung<\/a> to make India their manufacturing and export base, some other incentives - credit guarantee schemes and interest subvention schemes – were designed to help local phone makers such as Lava become dominant global players in the entry segment, were also being thrashed out.
\n \n \n \n \n \n \n \n

\"\"
<\/span><\/figcaption><\/figure>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n

A fortnight ago, the PM had met with smartphone manufacturers including representatives from Apple, Samsung and Lava and sought suggestions on how to make India an electronics manufacturing and export hub. Following this, government officials have fast-tracked working on the modalities of the incentives that need to be doled out to attract big ticket investments in the country.

The government has set an ambitious target to increase smartphone exports from the country to $110 billion by 2025 from $3 billion now.

The PLI scheme is expected to formally replace the duty credit scrip under the Merchandise Exports from India Scheme (Meis), which India suspended from December 31. Duty credit scrip is a certificate with certain monetary value that can be utilised for payment of customs duty.

“The new scheme is most likely also going to be a form of duty credit scrip,” said another senior officer, adding that the fund would be spread out over a period of five years and the budgetary support from the scheme in the first year could be close to ?3,000 crore.

The news would bring cheer to the smartphone manufacturing industry that hit the panic button after a government notification halved MEIS support from 4% to 2% from January 1. The likes of
Foxconn<\/a> — the world’s largest contract manufacturer of smartphones that is also among the biggest in India where it makes phones for Apple — as well as Samsung, Huawei, Vivo<\/a> and Oppo that together account for over 80% of $500-billion global mobile phone market, have demanded clarity on the export sops.

A high-level committee set up by the Prime Minister’s Office in July, chaired by Niti Aayog CEO Amitabh Kant, is believed to have submitted that the government could support as much as 7% through a suitable MEIS replacement. Officials said the final support could range between 5% and 7%.

Under the PLI scheme, the criterion being deliberated on include employment generated, investment made, average selling price of phones and production. The industry is however batting for lesser number of qualifiers to make the scheme less complicated and more effective.

\n\n\n\n\n\n<\/p>

Read also<\/h4>
<\/a><\/figure>
Government plans higher duty sops to lure phone companies to Make in India<\/a><\/h5><\/div><\/div><\/div>\n\n\n\n\n\n\n\n\n\n\n\n
According to various industry studies, the policy support in Vietnam renders India uncompetitive by 10-12% points and the disability of India compared to China lies between 19-23%.

Indian Cellular & Electronics Association, which has Apple, Foxconn,
Xiaomi<\/a> and Flextronics among its members, has flagged subsidy for machinery & equipment, cost of power, incentive for supporting industry, labour subsidy, logistics and reduction of land rentals as other disabilities India faces in comparison to rivals such as Vietnam. These issues, the industry holds, can be negotiated with respective state governments Government officials are trying to ensure that the new policy is WTO compliant and doesn’t directly link the support to exports while ensuring that the funds are not used for manufacturing devices<\/a> to be sold locally.
\n\t\n\t\n\t\n\t\n\t\n\n\n\n\n\n\n\n\n\n\n\n
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