India approves $1 billions PLI scheme to boost IT product exports

The production-linked incentive (PLI) plan will help India exports IT goods worth 2.45 trillion rupees, minister Ravi Shankar Prasad told in a press conference. We approved a 73.5 billions rupees ( $1.02 billion ) plan to boost local manufacturing and exports of IT products such a laptops, tablets, persona computers and servicers. Ravi Shankar Prasad…