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In August 2021, the electronics major had claimed a total of Rs 900 crore as incentives for achieving Rs 15,000 crore worth of additional sales in fiscal year 2021, over the year before. For claiming the sops, it had to produce handsets with a factory cost of more than $200 (around Rs 15,000). However, the ministry of electronics<\/a> and information technology (MeitY<\/a>) found “some discrepancies in the company’s invoices” and had withheld the payout, officials said.
A representative for Samsung<\/a>, which recently regained its position as India’s largest smartphone brand, said that discussions with the government on the matter are ongoing. \"We are currently in an advanced stage of discussions with the government of India on the incentive payout. Samsung has been a committed partner of India for over 26 years. As the leading smartphone player, we have been working closely with various stakeholders to make the PLI scheme<\/a> a success,\" the spokesperson said in an emailed statement to ET’s queries on the issue.
“They had some issues in valuations of their invoices. Now their invoices are very accurate, and they are being verified. But what is gone is gone for the first year,” a senior government official told ET.
“The company has since rectified its bills, and the incentive payouts beginning from the second year of the PLI scheme — fiscal year 2022 — will start soon,” said a second official in the know of the matter.
Other global manufacturers such as iPhone-makers Foxconn<\/a> (Hon Hai) and Wistron<\/a>, as well as homegrown companies such as Dixon Technologies<\/a> have already received their sops for FY22.
The IT ministry had also mandated that companies, both domestic as well as foreign, must also make certain investments to qualify for the sops under the PLI scheme. The ministry had not raised any queries regarding Samsung's investments, officials said.
The mobile handset PLI scheme started in August 2020, with an outlay of Rs 40,951 crore over five years. It offers graded incentives or cashbacks that are worth 6% of incremental sales of goods achieved over base year for the first and the second year. In the third and fourth year, the incentives are pegged at 5% while it drops to 4% in the fifth year.
In the case of Samsung, the 6% cashback translates to Rs 900 crore.
To qualify for these sops, global companies such as Samsung need to invest minimum Rs 250 crore in the first fiscal, and similar amounts in each of the next three fiscal years, and produce incremental goods (mobile phones with invoice value of Rs 15,000 and above) worth Rs 4,000 crore, Rs 8,000 crore, Rs 15,000 crore, Rs 25,000 crore and finally Rs 50,000 crore in five successive years.
To get the same incentive, Indian handset makers need to invest Rs 50 crore each in the first four fiscal years and produce Rs 500 crore of incremental sales for each of the five fiscal years.
Apart from Samsung, no other global company could meet the incentive target of the PLI scheme for the first year, FY21, due to the Covid-19 induced lockdowns that triggered widespread disruptions in supply chains for electronics manufacturing. India then decided to extend the tenure of the PLI scheme to six years from the originally planned five. All companies were given the option to choose any of the five years during the six-year tenure to meet the targets and claim financial incentives.
Samsung had chosen to start with the original year of FY21.
Experts are of the view that Samsung has an advantage over rivals because of installed capacity at its Noida factory. In addition, it sources supplies from South Korea rather than from China. These were the key reasons why the electronics giant was able to achieve the first-year targets while rivals were unable to.
In the first year of the PLI scheme, Samsung started manufacturing high-value phones in India, while outsourcing the production of lower-segment phones to contract manufacturers. This helped the company achieve its targets and qualify for the sops.
In addition to Samsung, other global companies approved for incentives were Taiwanese major Foxconn (Hon Hai) and Rising Star as well as iPhone-makers Wistron and Pegatron<\/a>. The rest of the approved applicants include homegrown companies such as Dixon, Lava, Bhagwati (Micromax), Padget Electronics, UTL Neolyncs and Optiemus Electronics.
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2021年8月,电子主要声称共有900卢比作为激励手段实现价值15000卢比的额外销售在2021财政年度,超过前一年。申请了安抚,生产手机的工厂成本超过200美元(约15000卢比)。然而,中国电子产品和信息技术(MeitY发现一些差异在公司的发票和拒绝支付,官员说。
一位代表三星最近恢复了印度最大的智能手机品牌地位,表示,目前正在与政府对此事的讨论。“我们正在讨论的高级阶段与印度政府刺激支出。三星一直是一个坚定的伙伴印度26多年。作为领先的智能手机玩家,我们已与各利益相关者密切合作的PLI方案成功,”这位发言人在一份电子邮件声明中表示等的查询问题。
“他们有一些发票的估值问题。现在他们的发票是非常准确的,他们被证实。但什么是走了第一年,”一位高级政府官员告诉等。
”公司已经纠正其账单,奖金从第二年开始PLI计划- 2022财年将开始不久,“第二个官员说知道的。
业等其他全球制造商富士康(鸿海)纬创资通等,以及本土公司迪克森技术已经收到他们FY22标准操作规程。
IT部门还规定,公司、国内以及国外,还必须进行一定程度的投资符合sop PLI方案。卫生部关于三星的投资并没有提出任何疑问,官员说。
手机PLI计划开始于2020年8月,40951卢比的费用超过五年。它提供了分级激励或超市夜未眠,价值6%的增量销售商品取得了在基准年第一和第二年。在第三和第四年,激励措施挂钩在5%,而它在第五年降到4%。
在三星的情况下,6%的超市夜未眠转化为900卢比。
符合这些标准作业程式,跨国公司如三星需要最低250卢比的财政投资,和类似的数量在接下来的三个财政年,和生产增量商品发票金额(手机与Rs 15000及以上)的价值4000卢比,8000卢比,15000卢比,25000卢比,终于在连续五年50000卢比。
得到相同的动机,印度手机制造商需要投资50卢比在第一个四个财政年500卢比的增量销售的每个五年财政。
除三星外,没有其他的全球公司可以满足激励目标PLI计划的第一年,FY21,由于Covid-19诱导封锁引发广泛的供应链中断电子制造业。印度然后决定延长任期的PLI计划从原计划5至6年。所有公司都选择选择的五年在六年的任期内,以满足目标和财政激励措施。
三星选择开始与原FY21。
专家认为,三星比竞争对手有优势,因为在诺伊达工厂的装机容量。此外,它供应来源来自韩国,而不是来自中国。这是关键原因电子巨头能够实现第一年目标,同时竞争对手无法。
PLI计划的第一年,三星开始生产高价值的手机在印度,而外包生产的下段手机合同制造商。这帮助公司实现其目标和符合sop。
除三星外,其他全球公司批准的动机主要是台湾富士康(鸿海)和新星以及业纬创资通和硕联合。其余的申请人包括迪克逊等本土公司批准,熔岩,巴格瓦蒂(Micromax) Padget电子、你Neolyncs和Optiemus电子产品。
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