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Two years after its launch, the production-linked incentive (PLI) scheme for IT hardware is yet to pick up steam, as major brands remain reluctant to scale up production and push exports, citing the lack of a robust local ecosystem for critical components.
“You’re catering only for the India market, where the size is only around 14 million (units) amongst everybody,” said Harish Kohli, president and managing director of Acer India. “So, for any company to say I’m going to set up here, it does not make much sense. Only when exports come into…
