india: PLIs should encourage value addition in India: HCL cofounder Ajai Chowdhry
Ajai Chowdhry, cofounder of HCL, said that production-linked incentives (PLI) that come out of the government should encourage value addition in India, even as he said the latest incentive scheme for electronics hardware manufacturing was better than the previous one.The union cabinet, on May 17, approved the Production Linked Incentive (PLI) Scheme 2.0 for IT Hardware with a budgetary outlay Rs 17,000 crore. On this Chowdhry said, “It is better than the earlier one.”However, he pointed out, “I would like to see a little…