![\"\"](\"\/\/www.iser-br.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
“Samsung<\/a> will take its incentives for the first year – FY20-21. It did all the hard work and met its targets,” the person said.
The choice means that while the rest 15 manufacturers including iPhone makers Foxconn<\/a>, Wistron<\/a> etc. will produce incremental goods worth Rs 4000 crore in the current fiscal which started on April 1, Samsung<\/a> will need to manufacture double of that in a year marred by the Covid second wave and an anticipated third wave, to avail of the second year’s incentives, say industry experts.
Samsung didn't respond to ET's emailed query.
“Samsung had a quick ramp up last year because of its already installed capacity in their Noida factory and larger dependency on Korea rather than China for its supply chain, which is why they were able to achieve the targets while everyone else lagged behind,” said an industry expert who did not wish to be named.
“But in the current year when India was facing a destructive second wave, their factory was working on 50-60% capacity due to the disruptions as well as falling market demand. With another spurt of Covid infections predicted in the fourth quarter, producing an additional Rs 8000 crore worth of goods may be challenging for the company,” he added.
The South Korean electronics maker clocked in revenue of Rs 70,628 crore in FY19-20, of which close to 70% came from the mobile phone segment, according to business intelligence firm Tofler.
As per the scheme guidelines, Samsung, having met the Rs4,000 crore production target for the first year, must produce mobile phones worth Rs 8000 crore in the second year over and above their base year (FY19-20) revenues in the above $200 price category, to avail of the second-year incentives of 6% cashbacks.
“In the first year of the scheme, Samsung had started manufacturing high value phones locally while outsourcing the production of lower segment phones via EMS (electronics manufacturing services) players,” a smartphone market research analyst said. “We believe it will continue the same strategy going forward, but, it must be kept in mind that demand for above $200 phones in India is limited and they may have to rely on higher exports for meeting targets.”
In a relief to the handset manufacturing industry at large, the government earlier this month decided to extend the timeline for PLI scheme<\/a> by one year while accepting FY20-21 as zero year for companies to make fresh investments and expand manufacturing capacity amid Covid-related difficulties.
Read also<\/h4><\/a><\/figure>Samsung may apply for PLI scheme for telecom if government extends the deadline<\/a><\/h5><\/div><\/a><\/figure>Govt extends PLI scheme for handsets by a year; huge relief for industry<\/a><\/h5><\/div><\/div><\/div>
But Samsung, being the only producer to qualify the targets, has chosen to stick to the original timeline to avail the crucial 6% incentive.
“It was a wise decision because you can’t let go of incentives for already produced output over uncertainties of the future,” the person quoted above said.
The ambitious Rs41,000 crore handset PLI scheme–which entails incentives in the form of cash payouts based on investment and targeted increments in production--is aimed at making India a more attractive manufacturing destination and weaning companies away from bases such as China and Vietnam. The Centre is looking to make the country a global manufacturing hub with an export target for phones worth $100 billion over the next five years.
The PLI offers graded incentives of 6% of incremental sales of goods achieved over base year for the first two years each, 5% for the third and fourth year and 4% for the fifth year. To qualify for these, global companies must produce incremental goods worth Rs 4,000 crore, Rs 8,000 crore, Rs 15,000 crore, Rs 25,000 crore and Rs 50,000 crore in five successive years.
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- Telecom乐动扑克News
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三星选择FY21作为第一年PLI激励效果6%
按照计划指南,三星,会见了Rs4,000卢比的生产目标,第一年必须出示手机价值8000卢比的第二年,高于其基准年(FY19-20)收入在200美元以上的价格范畴,超市夜未眠二年级激励的效果6%。
新德里消息:三星电子,唯一一家达到生产目标手机根据激励(照明灯具)计划,选择了FY20-21作为其激励效果的6%,第一年一个知情人士说。
”三星将其激励——FY20-21第一年。那样所有的辛勤工作和达到目标,”这个人说。
选择意味着其余15个制造商包括iPhone的制造商富士康,纬创资通等将产生增量货物价值4000卢比在当前财政在4月1日开始,三星需要生产一年受到的双重Covid第二波和一个预期的第三次浪潮,结果第二年的激励,业内专家说。
三星没有回复等的邮件查询。
“三星去年快速增加,因为它已经在诺伊达的工厂和装机容量更大的依赖韩国而不是中国供应链,这就是为什么他们能够实现的目标,同时其他人落后,“说一个行业专家不愿具名。
”,但在当前年印度面临破坏性的第二波的时候,他们的工厂是在50 - 60%容量由于中断以及市场需求下降。与另一个冲刺的Covid感染预测第四季度生产额外价值8000卢比的商品可能是一个挑战,”他补充道。
韩国电子产品制造商以在FY19-20 70628卢比的收入,其中接近70%来自移动电话领域,据商业智能公司Tofler。
按照计划指南,三星,会见了Rs4,000卢比的生产目标,第一年必须出示手机价值8000卢比的第二年,高于其基准年(FY19-20)收入在200美元以上的价格范畴,超市夜未眠二年级激励的效果6%。
”计划的第一年,三星已经开始制造高价值的本地电话而外包生产的下段手机通过EMS(电子制造服务)的球员,”智能手机市场研究分析师说。“我们相信未来将继续相同的策略,但是,必须牢记,在印度,200美元以上的手机需求是有限的,他们可能不得不依靠更高的出口实现目标。”
在救援手机制造行业,政府本月早些时候决定扩展的时间表PLI方案一年而接受FY20-21 0年为公司进行新投资,扩大生产能力在Covid-related困难。
但三星,是唯一生产商符合目标,选择了坚持最初的时间表来激励效果至关重要的6%。
“这是一个明智的决定,因为你不能让输出产生的激励已经在未来的不确定性,“上面的人引述说。
雄心勃勃的Rs41,000卢比的手机PLI方案需要奖励以现金的形式支付基于投资和有针对性的增加在印度生产,旨在让一个更有吸引力的制造业目的地和断奶公司远离基地如中国和越南。中心希望使中国成为全球制造业中心和出口目标手机价值1000亿美元在未来五年。
PLI提供分级激励增量销售商品取得了6%的基准年的头两年,5%的第三和第四年和第五年为4%。要符合这些,跨国公司必须生产增量商品价值4000卢比,8000卢比,15000卢比,25000卢比,连续五年50000卢比。
<\/span><\/figcaption><\/figure>New Delhi: Samsung Electronics<\/a>, the only company to achieve production target for the handset production-linked incentive (PLI<\/a>) scheme, has chosen FY20-21 as its first year to avail the 6% incentive, a person familiar with the matter said.
“Samsung<\/a> will take its incentives for the first year – FY20-21. It did all the hard work and met its targets,” the person said.
The choice means that while the rest 15 manufacturers including iPhone makers Foxconn<\/a>, Wistron<\/a> etc. will produce incremental goods worth Rs 4000 crore in the current fiscal which started on April 1, Samsung<\/a> will need to manufacture double of that in a year marred by the Covid second wave and an anticipated third wave, to avail of the second year’s incentives, say industry experts.
Samsung didn't respond to ET's emailed query.
“Samsung had a quick ramp up last year because of its already installed capacity in their Noida factory and larger dependency on Korea rather than China for its supply chain, which is why they were able to achieve the targets while everyone else lagged behind,” said an industry expert who did not wish to be named.
“But in the current year when India was facing a destructive second wave, their factory was working on 50-60% capacity due to the disruptions as well as falling market demand. With another spurt of Covid infections predicted in the fourth quarter, producing an additional Rs 8000 crore worth of goods may be challenging for the company,” he added.
The South Korean electronics maker clocked in revenue of Rs 70,628 crore in FY19-20, of which close to 70% came from the mobile phone segment, according to business intelligence firm Tofler.
As per the scheme guidelines, Samsung, having met the Rs4,000 crore production target for the first year, must produce mobile phones worth Rs 8000 crore in the second year over and above their base year (FY19-20) revenues in the above $200 price category, to avail of the second-year incentives of 6% cashbacks.
“In the first year of the scheme, Samsung had started manufacturing high value phones locally while outsourcing the production of lower segment phones via EMS (electronics manufacturing services) players,” a smartphone market research analyst said. “We believe it will continue the same strategy going forward, but, it must be kept in mind that demand for above $200 phones in India is limited and they may have to rely on higher exports for meeting targets.”
In a relief to the handset manufacturing industry at large, the government earlier this month decided to extend the timeline for PLI scheme<\/a> by one year while accepting FY20-21 as zero year for companies to make fresh investments and expand manufacturing capacity amid Covid-related difficulties.
Read also<\/h4><\/a><\/figure>Samsung may apply for PLI scheme for telecom if government extends the deadline<\/a><\/h5><\/div><\/a><\/figure>Govt extends PLI scheme for handsets by a year; huge relief for industry<\/a><\/h5><\/div><\/div><\/div>
But Samsung, being the only producer to qualify the targets, has chosen to stick to the original timeline to avail the crucial 6% incentive.
“It was a wise decision because you can’t let go of incentives for already produced output over uncertainties of the future,” the person quoted above said.
The ambitious Rs41,000 crore handset PLI scheme–which entails incentives in the form of cash payouts based on investment and targeted increments in production--is aimed at making India a more attractive manufacturing destination and weaning companies away from bases such as China and Vietnam. The Centre is looking to make the country a global manufacturing hub with an export target for phones worth $100 billion over the next five years.
The PLI offers graded incentives of 6% of incremental sales of goods achieved over base year for the first two years each, 5% for the third and fourth year and 4% for the fifth year. To qualify for these, global companies must produce incremental goods worth Rs 4,000 crore, Rs 8,000 crore, Rs 15,000 crore, Rs 25,000 crore and Rs 50,000 crore in five successive years.
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<\/a><\/figure>Samsung may apply for PLI scheme for telecom if government extends the deadline<\/a><\/h5><\/div><\/a><\/figure>Govt extends PLI scheme for handsets by a year; huge relief for industry<\/a><\/h5><\/div><\/div><\/div>
But Samsung, being the only producer to qualify the targets, has chosen to stick to the original timeline to avail the crucial 6% incentive.
“It was a wise decision because you can’t let go of incentives for already produced output over uncertainties of the future,” the person quoted above said.
The ambitious Rs41,000 crore handset PLI scheme–which entails incentives in the form of cash payouts based on investment and targeted increments in production--is aimed at making India a more attractive manufacturing destination and weaning companies away from bases such as China and Vietnam. The Centre is looking to make the country a global manufacturing hub with an export target for phones worth $100 billion over the next five years.
The PLI offers graded incentives of 6% of incremental sales of goods achieved over base year for the first two years each, 5% for the third and fourth year and 4% for the fifth year. To qualify for these, global companies must produce incremental goods worth Rs 4,000 crore, Rs 8,000 crore, Rs 15,000 crore, Rs 25,000 crore and Rs 50,000 crore in five successive years.
<\/body>","next_sibling":[{"msid":84404060,"title":"Microsoft releases over a hundred security fixes with July patch","entity_type":"ARTICLE","link":"\/news\/microsoft-releases-over-a-hundred-security-fixes-with-july-patch\/84404060","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"seoschemas":false,"msid":84404442,"entity_type":"ARTICLE","title":"Samsung chooses FY21 as first year to avail 6% PLI incentives","synopsis":"As per the scheme guidelines, Samsung, having met the Rs4,000 crore production target for the first year, must produce mobile phones worth Rs 8000 crore in the second year over and above their base year (FY19-20) revenues in the above $200 price category, to avail of the second-year incentives of 6% cashbacks.","titleseo":"telecomnews\/samsung-chooses-fy21-as-first-year-to-avail-6-pli-incentives","status":"ACTIVE","authors":[{"author_name":"Himanshi Lohchab","author_link":"\/author\/479253129\/himanshi-lohchab","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479253129.cms?width=250&height=250","author_additional":{"thumbsize":false,"msid":479253129,"author_name":"Himanshi Lohchab","author_seo_name":"himanshi-lohchab","designation":"Journalist","agency":false}}],"analytics":{"comments":0,"views":972,"shares":0,"engagementtimems":3844000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2021-07-14 14:29:45","lastupd":"2021-07-14 15:13:30","breadcrumbTags":["PLI scheme","Samsung Electronics","Samsung","Wistron","Foxconn","Devices","Samsung smartphones","PLI","Samsung PLI incentives","Samsung mobile phones"],"secinfo":{"seolocation":"telecomnews\/samsung-chooses-fy21-as-first-year-to-avail-6-pli-incentives"}}" data-authors="[" himanshi lohchab"]" data-category-name="" data-category_id="" data-date="2021-07-14" data-index="article_1">
- Telecom乐动扑克News
- 3分钟阅读
三星选择FY21作为第一年PLI激励效果6%
按照计划指南,三星,会见了Rs4,000卢比的生产目标,第一年必须出示手机价值8000卢比的第二年,高于其基准年(FY19-20)收入在200美元以上的价格范畴,超市夜未眠二年级激励的效果6%。
新德里消息:三星电子,唯一一家达到生产目标手机根据激励(照明灯具)计划,选择了FY20-21作为其激励效果的6%,第一年一个知情人士说。
”三星将其激励——FY20-21第一年。那样所有的辛勤工作和达到目标,”这个人说。
选择意味着其余15个制造商包括iPhone的制造商富士康,纬创资通等将产生增量货物价值4000卢比在当前财政在4月1日开始,三星需要生产一年受到的双重Covid第二波和一个预期的第三次浪潮,结果第二年的激励,业内专家说。
三星没有回复等的邮件查询。
“三星去年快速增加,因为它已经在诺伊达的工厂和装机容量更大的依赖韩国而不是中国供应链,这就是为什么他们能够实现的目标,同时其他人落后,“说一个行业专家不愿具名。
”,但在当前年印度面临破坏性的第二波的时候,他们的工厂是在50 - 60%容量由于中断以及市场需求下降。与另一个冲刺的Covid感染预测第四季度生产额外价值8000卢比的商品可能是一个挑战,”他补充道。
韩国电子产品制造商以在FY19-20 70628卢比的收入,其中接近70%来自移动电话领域,据商业智能公司Tofler。
按照计划指南,三星,会见了Rs4,000卢比的生产目标,第一年必须出示手机价值8000卢比的第二年,高于其基准年(FY19-20)收入在200美元以上的价格范畴,超市夜未眠二年级激励的效果6%。
”计划的第一年,三星已经开始制造高价值的本地电话而外包生产的下段手机通过EMS(电子制造服务)的球员,”智能手机市场研究分析师说。“我们相信未来将继续相同的策略,但是,必须牢记,在印度,200美元以上的手机需求是有限的,他们可能不得不依靠更高的出口实现目标。”
在救援手机制造行业,政府本月早些时候决定扩展的时间表PLI方案一年而接受FY20-21 0年为公司进行新投资,扩大生产能力在Covid-related困难。
但三星,是唯一生产商符合目标,选择了坚持最初的时间表来激励效果至关重要的6%。
“这是一个明智的决定,因为你不能让输出产生的激励已经在未来的不确定性,“上面的人引述说。
雄心勃勃的Rs41,000卢比的手机PLI方案需要奖励以现金的形式支付基于投资和有针对性的增加在印度生产,旨在让一个更有吸引力的制造业目的地和断奶公司远离基地如中国和越南。中心希望使中国成为全球制造业中心和出口目标手机价值1000亿美元在未来五年。
PLI提供分级激励增量销售商品取得了6%的基准年的头两年,5%的第三和第四年和第五年为4%。要符合这些,跨国公司必须生产增量商品价值4000卢比,8000卢比,15000卢比,25000卢比,连续五年50000卢比。
<\/span><\/figcaption><\/figure>New Delhi: Samsung Electronics<\/a>, the only company to achieve production target for the handset production-linked incentive (PLI<\/a>) scheme, has chosen FY20-21 as its first year to avail the 6% incentive, a person familiar with the matter said.
“Samsung<\/a> will take its incentives for the first year – FY20-21. It did all the hard work and met its targets,” the person said.
The choice means that while the rest 15 manufacturers including iPhone makers Foxconn<\/a>, Wistron<\/a> etc. will produce incremental goods worth Rs 4000 crore in the current fiscal which started on April 1, Samsung<\/a> will need to manufacture double of that in a year marred by the Covid second wave and an anticipated third wave, to avail of the second year’s incentives, say industry experts.
Samsung didn't respond to ET's emailed query.
“Samsung had a quick ramp up last year because of its already installed capacity in their Noida factory and larger dependency on Korea rather than China for its supply chain, which is why they were able to achieve the targets while everyone else lagged behind,” said an industry expert who did not wish to be named.
“But in the current year when India was facing a destructive second wave, their factory was working on 50-60% capacity due to the disruptions as well as falling market demand. With another spurt of Covid infections predicted in the fourth quarter, producing an additional Rs 8000 crore worth of goods may be challenging for the company,” he added.
The South Korean electronics maker clocked in revenue of Rs 70,628 crore in FY19-20, of which close to 70% came from the mobile phone segment, according to business intelligence firm Tofler.
As per the scheme guidelines, Samsung, having met the Rs4,000 crore production target for the first year, must produce mobile phones worth Rs 8000 crore in the second year over and above their base year (FY19-20) revenues in the above $200 price category, to avail of the second-year incentives of 6% cashbacks.
“In the first year of the scheme, Samsung had started manufacturing high value phones locally while outsourcing the production of lower segment phones via EMS (electronics manufacturing services) players,” a smartphone market research analyst said. “We believe it will continue the same strategy going forward, but, it must be kept in mind that demand for above $200 phones in India is limited and they may have to rely on higher exports for meeting targets.”
In a relief to the handset manufacturing industry at large, the government earlier this month decided to extend the timeline for PLI scheme<\/a> by one year while accepting FY20-21 as zero year for companies to make fresh investments and expand manufacturing capacity amid Covid-related difficulties.
Read also<\/h4><\/a><\/figure>Samsung may apply for PLI scheme for telecom if government extends the deadline<\/a><\/h5><\/div><\/a><\/figure>Govt extends PLI scheme for handsets by a year; huge relief for industry<\/a><\/h5><\/div><\/div><\/div>
But Samsung, being the only producer to qualify the targets, has chosen to stick to the original timeline to avail the crucial 6% incentive.
“It was a wise decision because you can’t let go of incentives for already produced output over uncertainties of the future,” the person quoted above said.
The ambitious Rs41,000 crore handset PLI scheme–which entails incentives in the form of cash payouts based on investment and targeted increments in production--is aimed at making India a more attractive manufacturing destination and weaning companies away from bases such as China and Vietnam. The Centre is looking to make the country a global manufacturing hub with an export target for phones worth $100 billion over the next five years.
The PLI offers graded incentives of 6% of incremental sales of goods achieved over base year for the first two years each, 5% for the third and fourth year and 4% for the fifth year. To qualify for these, global companies must produce incremental goods worth Rs 4,000 crore, Rs 8,000 crore, Rs 15,000 crore, Rs 25,000 crore and Rs 50,000 crore in five successive years.
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<\/a><\/figure>Govt extends PLI scheme for handsets by a year; huge relief for industry<\/a><\/h5><\/div><\/div><\/div>
But Samsung, being the only producer to qualify the targets, has chosen to stick to the original timeline to avail the crucial 6% incentive.
“It was a wise decision because you can’t let go of incentives for already produced output over uncertainties of the future,” the person quoted above said.
The ambitious Rs41,000 crore handset PLI scheme–which entails incentives in the form of cash payouts based on investment and targeted increments in production--is aimed at making India a more attractive manufacturing destination and weaning companies away from bases such as China and Vietnam. The Centre is looking to make the country a global manufacturing hub with an export target for phones worth $100 billion over the next five years.
The PLI offers graded incentives of 6% of incremental sales of goods achieved over base year for the first two years each, 5% for the third and fourth year and 4% for the fifth year. To qualify for these, global companies must produce incremental goods worth Rs 4,000 crore, Rs 8,000 crore, Rs 15,000 crore, Rs 25,000 crore and Rs 50,000 crore in five successive years.
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- Telecom乐动扑克News
- 3分钟阅读
三星选择FY21作为第一年PLI激励效果6%
按照计划指南,三星,会见了Rs4,000卢比的生产目标,第一年必须出示手机价值8000卢比的第二年,高于其基准年(FY19-20)收入在200美元以上的价格范畴,超市夜未眠二年级激励的效果6%。
新德里消息:三星电子,唯一一家达到生产目标手机根据激励(照明灯具)计划,选择了FY20-21作为其激励效果的6%,第一年一个知情人士说。
”三星将其激励——FY20-21第一年。那样所有的辛勤工作和达到目标,”这个人说。
选择意味着其余15个制造商包括iPhone的制造商富士康,纬创资通等将产生增量货物价值4000卢比在当前财政在4月1日开始,三星需要生产一年受到的双重Covid第二波和一个预期的第三次浪潮,结果第二年的激励,业内专家说。
三星没有回复等的邮件查询。
“三星去年快速增加,因为它已经在诺伊达的工厂和装机容量更大的依赖韩国而不是中国供应链,这就是为什么他们能够实现的目标,同时其他人落后,“说一个行业专家不愿具名。
”,但在当前年印度面临破坏性的第二波的时候,他们的工厂是在50 - 60%容量由于中断以及市场需求下降。与另一个冲刺的Covid感染预测第四季度生产额外价值8000卢比的商品可能是一个挑战,”他补充道。
韩国电子产品制造商以在FY19-20 70628卢比的收入,其中接近70%来自移动电话领域,据商业智能公司Tofler。
按照计划指南,三星,会见了Rs4,000卢比的生产目标,第一年必须出示手机价值8000卢比的第二年,高于其基准年(FY19-20)收入在200美元以上的价格范畴,超市夜未眠二年级激励的效果6%。
”计划的第一年,三星已经开始制造高价值的本地电话而外包生产的下段手机通过EMS(电子制造服务)的球员,”智能手机市场研究分析师说。“我们相信未来将继续相同的策略,但是,必须牢记,在印度,200美元以上的手机需求是有限的,他们可能不得不依靠更高的出口实现目标。”
在救援手机制造行业,政府本月早些时候决定扩展的时间表PLI方案一年而接受FY20-21 0年为公司进行新投资,扩大生产能力在Covid-related困难。
但三星,是唯一生产商符合目标,选择了坚持最初的时间表来激励效果至关重要的6%。
“这是一个明智的决定,因为你不能让输出产生的激励已经在未来的不确定性,“上面的人引述说。
雄心勃勃的Rs41,000卢比的手机PLI方案需要奖励以现金的形式支付基于投资和有针对性的增加在印度生产,旨在让一个更有吸引力的制造业目的地和断奶公司远离基地如中国和越南。中心希望使中国成为全球制造业中心和出口目标手机价值1000亿美元在未来五年。
PLI提供分级激励增量销售商品取得了6%的基准年的头两年,5%的第三和第四年和第五年为4%。要符合这些,跨国公司必须生产增量商品价值4000卢比,8000卢比,15000卢比,25000卢比,连续五年50000卢比。
<\/span><\/figcaption><\/figure>New Delhi: Samsung Electronics<\/a>, the only company to achieve production target for the handset production-linked incentive (PLI<\/a>) scheme, has chosen FY20-21 as its first year to avail the 6% incentive, a person familiar with the matter said.
“Samsung<\/a> will take its incentives for the first year – FY20-21. It did all the hard work and met its targets,” the person said.
The choice means that while the rest 15 manufacturers including iPhone makers Foxconn<\/a>, Wistron<\/a> etc. will produce incremental goods worth Rs 4000 crore in the current fiscal which started on April 1, Samsung<\/a> will need to manufacture double of that in a year marred by the Covid second wave and an anticipated third wave, to avail of the second year’s incentives, say industry experts.
Samsung didn't respond to ET's emailed query.
“Samsung had a quick ramp up last year because of its already installed capacity in their Noida factory and larger dependency on Korea rather than China for its supply chain, which is why they were able to achieve the targets while everyone else lagged behind,” said an industry expert who did not wish to be named.
“But in the current year when India was facing a destructive second wave, their factory was working on 50-60% capacity due to the disruptions as well as falling market demand. With another spurt of Covid infections predicted in the fourth quarter, producing an additional Rs 8000 crore worth of goods may be challenging for the company,” he added.
The South Korean electronics maker clocked in revenue of Rs 70,628 crore in FY19-20, of which close to 70% came from the mobile phone segment, according to business intelligence firm Tofler.
As per the scheme guidelines, Samsung, having met the Rs4,000 crore production target for the first year, must produce mobile phones worth Rs 8000 crore in the second year over and above their base year (FY19-20) revenues in the above $200 price category, to avail of the second-year incentives of 6% cashbacks.
“In the first year of the scheme, Samsung had started manufacturing high value phones locally while outsourcing the production of lower segment phones via EMS (electronics manufacturing services) players,” a smartphone market research analyst said. “We believe it will continue the same strategy going forward, but, it must be kept in mind that demand for above $200 phones in India is limited and they may have to rely on higher exports for meeting targets.”
In a relief to the handset manufacturing industry at large, the government earlier this month decided to extend the timeline for PLI scheme<\/a> by one year while accepting FY20-21 as zero year for companies to make fresh investments and expand manufacturing capacity amid Covid-related difficulties.
Read also<\/h4><\/a><\/figure>Samsung may apply for PLI scheme for telecom if government extends the deadline<\/a><\/h5><\/div><\/a><\/figure>Govt extends PLI scheme for handsets by a year; huge relief for industry<\/a><\/h5><\/div><\/div><\/div>
But Samsung, being the only producer to qualify the targets, has chosen to stick to the original timeline to avail the crucial 6% incentive.
“It was a wise decision because you can’t let go of incentives for already produced output over uncertainties of the future,” the person quoted above said.
The ambitious Rs41,000 crore handset PLI scheme–which entails incentives in the form of cash payouts based on investment and targeted increments in production--is aimed at making India a more attractive manufacturing destination and weaning companies away from bases such as China and Vietnam. The Centre is looking to make the country a global manufacturing hub with an export target for phones worth $100 billion over the next five years.
The PLI offers graded incentives of 6% of incremental sales of goods achieved over base year for the first two years each, 5% for the third and fourth year and 4% for the fifth year. To qualify for these, global companies must produce incremental goods worth Rs 4,000 crore, Rs 8,000 crore, Rs 15,000 crore, Rs 25,000 crore and Rs 50,000 crore in five successive years.
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- Telecom乐动扑克News
- 3分钟阅读
三星选择FY21作为第一年PLI激励效果6%
按照计划指南,三星,会见了Rs4,000卢比的生产目标,第一年必须出示手机价值8000卢比的第二年,高于其基准年(FY19-20)收入在200美元以上的价格范畴,超市夜未眠二年级激励的效果6%。
读到
”三星将其激励——FY20-21第一年。那样所有的辛勤工作和达到目标,”这个人说。
选择意味着其余15个制造商包括iPhone的制造商富士康,纬创资通等将产生增量货物价值4000卢比在当前财政在4月1日开始,三星需要生产一年受到的双重Covid第二波和一个预期的第三次浪潮,结果第二年的激励,业内专家说。
三星没有回复等的邮件查询。
“三星去年快速增加,因为它已经在诺伊达的工厂和装机容量更大的依赖韩国而不是中国供应链,这就是为什么他们能够实现的目标,同时其他人落后,“说一个行业专家不愿具名。
”,但在当前年印度面临破坏性的第二波的时候,他们的工厂是在50 - 60%容量由于中断以及市场需求下降。与另一个冲刺的Covid感染预测第四季度生产额外价值8000卢比的商品可能是一个挑战,”他补充道。
韩国电子产品制造商以在FY19-20 70628卢比的收入,其中接近70%来自移动电话领域,据商业智能公司Tofler。
按照计划指南,三星,会见了Rs4,000卢比的生产目标,第一年必须出示手机价值8000卢比的第二年,高于其基准年(FY19-20)收入在200美元以上的价格范畴,超市夜未眠二年级激励的效果6%。
”计划的第一年,三星已经开始制造高价值的本地电话而外包生产的下段手机通过EMS(电子制造服务)的球员,”智能手机市场研究分析师说。“我们相信未来将继续相同的策略,但是,必须牢记,在印度,200美元以上的手机需求是有限的,他们可能不得不依靠更高的出口实现目标。”
在救援手机制造行业,政府本月早些时候决定扩展的时间表PLI方案一年而接受FY20-21 0年为公司进行新投资,扩大生产能力在Covid-related困难。
但三星,是唯一生产商符合目标,选择了坚持最初的时间表来激励效果至关重要的6%。
“这是一个明智的决定,因为你不能让输出产生的激励已经在未来的不确定性,“上面的人引述说。
雄心勃勃的Rs41,000卢比的手机PLI方案需要奖励以现金的形式支付基于投资和有针对性的增加在印度生产,旨在让一个更有吸引力的制造业目的地和断奶公司远离基地如中国和越南。中心希望使中国成为全球制造业中心和出口目标手机价值1000亿美元在未来五年。
PLI提供分级激励增量销售商品取得了6%的基准年的头两年,5%的第三和第四年和第五年为4%。要符合这些,跨国公司必须生产增量商品价值4000卢比,8000卢比,15000卢比,25000卢比,连续五年50000卢比。
“Samsung<\/a> will take its incentives for the first year – FY20-21. It did all the hard work and met its targets,” the person said.
The choice means that while the rest 15 manufacturers including iPhone makers Foxconn<\/a>, Wistron<\/a> etc. will produce incremental goods worth Rs 4000 crore in the current fiscal which started on April 1, Samsung<\/a> will need to manufacture double of that in a year marred by the Covid second wave and an anticipated third wave, to avail of the second year’s incentives, say industry experts.
Samsung didn't respond to ET's emailed query.
“Samsung had a quick ramp up last year because of its already installed capacity in their Noida factory and larger dependency on Korea rather than China for its supply chain, which is why they were able to achieve the targets while everyone else lagged behind,” said an industry expert who did not wish to be named.
“But in the current year when India was facing a destructive second wave, their factory was working on 50-60% capacity due to the disruptions as well as falling market demand. With another spurt of Covid infections predicted in the fourth quarter, producing an additional Rs 8000 crore worth of goods may be challenging for the company,” he added.
The South Korean electronics maker clocked in revenue of Rs 70,628 crore in FY19-20, of which close to 70% came from the mobile phone segment, according to business intelligence firm Tofler.
As per the scheme guidelines, Samsung, having met the Rs4,000 crore production target for the first year, must produce mobile phones worth Rs 8000 crore in the second year over and above their base year (FY19-20) revenues in the above $200 price category, to avail of the second-year incentives of 6% cashbacks.
“In the first year of the scheme, Samsung had started manufacturing high value phones locally while outsourcing the production of lower segment phones via EMS (electronics manufacturing services) players,” a smartphone market research analyst said. “We believe it will continue the same strategy going forward, but, it must be kept in mind that demand for above $200 phones in India is limited and they may have to rely on higher exports for meeting targets.”
In a relief to the handset manufacturing industry at large, the government earlier this month decided to extend the timeline for PLI scheme<\/a> by one year while accepting FY20-21 as zero year for companies to make fresh investments and expand manufacturing capacity amid Covid-related difficulties.
Read also<\/h4><\/a><\/figure>Samsung may apply for PLI scheme for telecom if government extends the deadline<\/a><\/h5><\/div><\/a><\/figure>Govt extends PLI scheme for handsets by a year; huge relief for industry<\/a><\/h5><\/div><\/div><\/div>
But Samsung, being the only producer to qualify the targets, has chosen to stick to the original timeline to avail the crucial 6% incentive.
“It was a wise decision because you can’t let go of incentives for already produced output over uncertainties of the future,” the person quoted above said.
The ambitious Rs41,000 crore handset PLI scheme–which entails incentives in the form of cash payouts based on investment and targeted increments in production--is aimed at making India a more attractive manufacturing destination and weaning companies away from bases such as China and Vietnam. The Centre is looking to make the country a global manufacturing hub with an export target for phones worth $100 billion over the next five years.
The PLI offers graded incentives of 6% of incremental sales of goods achieved over base year for the first two years each, 5% for the third and fourth year and 4% for the fifth year. To qualify for these, global companies must produce incremental goods worth Rs 4,000 crore, Rs 8,000 crore, Rs 15,000 crore, Rs 25,000 crore and Rs 50,000 crore in five successive years.
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<\/a><\/figure>Samsung may apply for PLI scheme for telecom if government extends the deadline<\/a><\/h5><\/div><\/a><\/figure>Govt extends PLI scheme for handsets by a year; huge relief for industry<\/a><\/h5><\/div><\/div><\/div>
But Samsung, being the only producer to qualify the targets, has chosen to stick to the original timeline to avail the crucial 6% incentive.
“It was a wise decision because you can’t let go of incentives for already produced output over uncertainties of the future,” the person quoted above said.
The ambitious Rs41,000 crore handset PLI scheme–which entails incentives in the form of cash payouts based on investment and targeted increments in production--is aimed at making India a more attractive manufacturing destination and weaning companies away from bases such as China and Vietnam. The Centre is looking to make the country a global manufacturing hub with an export target for phones worth $100 billion over the next five years.
The PLI offers graded incentives of 6% of incremental sales of goods achieved over base year for the first two years each, 5% for the third and fourth year and 4% for the fifth year. To qualify for these, global companies must produce incremental goods worth Rs 4,000 crore, Rs 8,000 crore, Rs 15,000 crore, Rs 25,000 crore and Rs 50,000 crore in five successive years.
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