We missed the woods for the trees during the Kargil War

PLI for electronics working well, but the sector isn’t ready for incentives to be withdrawn yet The Performance-Linked Incentive (PLI) scheme for electronics has fared better than previous government initiatives to push India’s manufacturing capabilities in the sector, and in the next phase, the government should look at ways to increase domestic value addition by developing the component ecosystem, according to experts. However, they also warn that withdrawing incentives, before the ecosystem is fully established, may hamper the evolution of electronics manufacturing in India.Kunal Chaudhary, indirect tax partner at EY India, told ThePrint, that before the introduction of the PLI scheme, previous methods aimed at drawing industry interest, such as the gradual implementation of custom duties or issuing export incentives like the Merchandise Exports from India Scheme (MEIS), yielded limited success. [Read more](/dHJpc3RyYW1iYWxkd2luODVAZ21haWwuY29t/aHR0cHMlM0ElMkYlMkZ0aGVwcmludC5pbiUyRmVjb25vbXklMkZwbGktZm9yLWVsZWN0cm9uaWNzLXdvcmtpbmctd2VsbC1idXQtdGhlLXNlY3Rvci1pc250LXJlYWR5LWZvci1pbmNlbnRpdmVzLXRvLWJlLXdpdGhkcmF3bi15ZXQlMkYyMTc5Nzc0JTJG)  In order to unsubscribe from this mailing list, please click, please Click [here](/dHJpc3RyYW1iYWxkd2luODVAZ21haWwuY29t)