About Ministry
The Ministry of Electronics and Information Technology (MeitY), under Government of India, is a stand-alone ministerial agency, responsible for formulating and implementing national policies and programs aimed at enabling the continuous development of the electronics and IT industry. MeitY’s focus areas include the development, promotion, and regulation of the electronics and IT industry in India, fostering digital governance, enabling innovation in emerging technologies and promoting cybersecurity initiatives within country.

Shri Ashwini Vaishnaw
HON’BLE MINISTER
Shri Jitin Prasada
HON’BLE MINISTER OF STATEAbout Scheme
Objective
To develop robust component manufacturing ecosystem by attracting investments (global / domestic) across the value chain by integrating its domestic electronic industry with the Global Value Chains (GVCs).
Target Segments
The Target Segment Category under Scheme includes
(A) Sub-assemblies
(B) Bare components
(C) Selected bare components
(D) Supply chain ecosystem and Capital equipment.
Types of Incentive
The scheme provides differentiated fiscal incentive on target segment products in terms of turnover
(a)turnover linked incentive
(b)capex incentive and
(c) hybrid incentive[ i.e. combination of both (a) and (b) ]
Tenure of the Scheme
Turnover Linked Incentive:
Six (6) years with one (1) year of gestation period
Capex Incentive: Five (5) years
Target Segments
The Target Segment under Scheme for Electronics Component Manufacturing shall include :