[Apply Online] India Electronics Manufacturing Schemes (PLI / SPECS / EMC 2.0): India Electronics Manufacturing Schemes (PLI, specification, revised EMC 2.0) application / registration form apply online for incentives on making mobile phones in India
The central government has announced new electronics manufacturing plans to increase production in the electronics sector in India. These 3 schemes are Production Linked Incentive Scheme (PLI) for large scale electronics manufacturing, Modified Electronics Manufacturing Cluster (EMC 2.0) scheme and scheme for promotion of manufacturing of electronic components and semiconductors. People can now fill Bharat Electronics Manufacturing Plans (PLI / Space / EMC 2.0) online application form as described below.
The Modi government’s new plans for the electronics manufacturing sector are aimed at inviting global tech companies to take root and build products in India. Apart from this, these 3 schemes will help local tech companies to grow and provide incentives for the milestones that these electronics industries can achieve. With these plans, India wants to become the second largest electronics manufacturing center in Asia. These schemes were notified by the Ministry of Electronics and IT (MITY) on 1 April 2020, with a total number of Rs. is. 50,000 crore Rs.
Govt. Schemes to Boost Electronics Manufacturing in India
This PLI scheme provides production related incentives to boost domestic manufacturing. The PLI scheme will attract large investments in mobile phone manufacturing and specified electronic components. This includes assembly, testing, marking and packaging (ATMP) units. The scheme will cover incentives ranging from 4% to 6% on incremental sales (base year) of manufactured goods in India and in targeted segments under target companies, as defined after the 5-year period for the base year.
PLI scheme online registration form
The Production Linked Incentive Scheme (PLI) for large-scale electronics manufacturing is initially open for a period of 4 months (till 31 July 2020), which can be extended. Companies can submit their application for this scheme through the new PLI portal, which can be accessed using the link given below: –
- Click on the official website
- Click on the “Register” button or click on this link directly
- Here applicants can enter organization details (organization name, PAN, CIN, GSTN, address), authorized person details and click on “Register” button to complete the online process.
- For PLI scheme guidelines, notification, presentation and other details, click on the link https://meity.gov.in/esdm/pli
The Project Management Agency (PMA) will be the nodal agency to implement the PLI scheme. The scheme is worth Rs. 40,995 crores to increase their production capacity in the country. Assistance will be provided for a period of five years after the base year under the PLI scheme and the incentive will come into force from 1 August 2020.
Scheme for Promoting Manufacturing of Electronic Components and Semiconductors (Special)
The special scheme scheme will provide a financial incentive of 25% for Rs. 3,285 crores on capital expenditure for identification list of electronic goods. These include downstream value chains of electronic products i.e. electronic components, semiconductor / display fabrication units, ATMP units, specialized sub-assemblies and capital goods for the manufacture of the above items as they all involve high value added manufacturing. Capital expenditure will be the total expenses including for plant, machinery, equipment, related utilities and technology, research and development (R&D).
Special scheme online application form
Special scheme online application can be done by any institution registered in India. The special scheme will be applicable for investment in new units and expansion of capacity / modernization and diversification of existing units. For this, applicants have to fill a special online application form using the link: –
- Firstly Visit to the link https://specs.ifciltd.com/
- click at the “Register” button or directly click this link.
- Here applicants have to enter company details such as company name, PAN, GSTIN, type of legal entity, registered office address and authorized statement details.
- Finally, click the “Register” button to complete the special registration online process.
- Click on the link https://meity.gov.in/esdm/SPECS for more information about special scheme like notification, guidelines, presentation
The Project Management Agency (PMA) will be the nodal agency implementing the scheme to promote manufacturing of electronic components and semiconductors. The PMA Secretariat will be responsible for providing managerial and implementation support and carrying out other responsibilities assigned by MeitY from time to time.
The special scheme starts for 3 years from the date of commencement. The incentive under the special scheme will be applicable from the date of acknowledgment of the application. The incentive will be available for investment made within 5 years from the date of receipt of the application. The central government has set a minimum limit between Rs. 5 crores Rs. 1,000 crore for companies under the space scheme.
Modified Electronics Manufacturing Cluster (EMC 2.0) Scheme
The revised EMC 2.0 scheme gives an incentive of 50% of the project cost which is Rs. 3,762 crores to companies. With this scheme, the government aims to lure large companies with their subsidiaries to establish a base in India. In addition to the incentive, the central government will provide a minimum land area of 200 acres (100 acres for the northeast and hilly states) for large manufacturing groups. The EMC 2.0 plan will strengthen the relationship between domestic and international markets by strengthening supply chain accountability, consolidation of suppliers, time-market reduction, lower logistics costs among others.
How to apply for the revised EMC 2.0 scheme online
The revised EMC 2.0 scheme will provide financial support for setting up EMC projects and Common Facilitation Centers (CFCs) across the country. The scheme is open to receive applications for a period of 3 years from the date of notification. A further period of 5 years is available for disbursement of funds for approved projects. Click on the link to apply online for the revised EMC 2.0 scheme: –
- Firstly Visit to the link https://emc20.stpi.in/
- Click at the “Login” button or directly click this link
- Afterward click at the “New User”
- Here applicants can enter details like PIA details, registered office, contact person of PIA and click on “Submit” button to complete the revised EMC 2.0 online process.
- Click on the revised EMC 2.0 scheme like notification, guidelines, presentation https://meity.gov.in/esdm/emc2.0
An application will be made by the Project Implementing Agency (PIA) which can be a State Government or State Implementing Agency (SIA) or Central Public Sector Unit (CPSU) or State Public Sector Unit (SPSU) or Industrial Corridor Development Corporation (ICDC). DMICDC among others. All applications received under the EMC 2.0 scheme through the Project Management Agency (PMA) will be considered by the Project Review Committee (PRC) to make their recommendations to the PMA as per the approval / rejection of the projects.
Objectives of 3 India Electronics Manufacturing Schemes
PLI, Spec and Modified EMC 2.0 with these 3 schemes, Central Govt. Aims to achieve 5 objectives: –
- Expansion of manufacturing base along the lines of Korea, China and Taiwan.
- Develop a reliable value chain.
- 20% -30% higher value addition.
- Increase foreign exchange savings.
- Creation of up to 10 lakh jobs in India.
The respective portals of the 3 Bharat Electronics Manufacturing Scheme have been made live by IFCI to receive the application, which is a public sector NBFC. According to MeitY data, the production of mobile handsets has reached 29 million units in 2018-19. 1.70 lakh crore from just 6 crore units. 19,000 crores in 2014. While electronics exports have increased from Rs. 38,263 crores in 2014-15. 61,908 crores in 2018-19.
India’s share in global electronics production has risen to 3% in 2018, from just 1.3% in 2012. The plans are expected to increase the production of mobile phones and their parts by about Rs 10,00,000 crore by 2025 and about 5 lakh direct and 1.5 lakh indirect jobs.