IT firms grapple with new anti-dumping duty on PCBS under PLI scheme

Under India’s production-linked incentive (PLI) scheme for IT hardware, companies are grappling with an unexpected hurdle: A newly imposed 30 per cent anti-dumping duty (ADD) on bare printed-circuit boards (PCBs). This duty, effective for five years since March, has sparked concerns among industry leaders who argue that it undermines the global competitiveness of their products, reported The Economic Times.

“The ADD levied on imported PCBs increases the production cost of domestically manufactured PLI scheme products, making them less competitive in the global market,” an industry executive told The Economic Times.