IDC India estimates worldwide PC shipments declined 16.5% in 2022. This requires investment of Rs 500 crore from global firms and Rs 50 crore from local players over six years. However, even under the revised scheme, the government has kept the conditions to avail of the scheme’s benefits the same as before. The firms blamed inadequate sops and continuing supply chain issues besides chip shortages for hurting their local manufacturing plans. The first version of the scheme had failed to take off, with only two-three companies out of the eligible 14 expected to meet their first-year targets. The revised corpus is yet to be finalised with some expecting it to be around Rs 17,000 crore. ET reported in September that the government had proposed to increase the IT hardware PLI scheme’s outlay by nearly three times to Rs 20,000 crore from Rs 7,325 crore previously, and double the incentive rate to 4-5.75% over six years from 1-4% over four years in the previous draft.