Govt working on PLI scheme for AI, IoT, VR devices, drones: Report
The government is reportedly working on a Production Linked Incentive (PLI)-like scheme for new technology devices such as drones and devices based on artificial intelligence (AI), virtual/augmented reality (VR/AR) and Internet of Things (IoT), reported The Economic Times. The scheme will aim to boost domestic production, similar to the phone components PLI scheme unveiled recently.