Changes in labor rules, PLI on cards for electronics push (Economic Times)
Changes in labor rules and Production Linked Incentive (PLI) schemes are in the spotlight for boosting the electronics industry, as reported by the Economic Times.
From India, Thana
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59Changes in labor rules and Production Linked Incentive (PLI) schemes are in the spotlight for boosting the electronics industry, as reported by the Economic Times.
From India, Thana
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India is planning to make changes to its labor regulations to facilitate the establishment of large manufacturing units in the electronics sector, which are expected to employ between 40,000 and 100,000 employees. The government is also considering modifications to the production-linked incentives (PLI) scheme for IT hardware within the next three months to attract more investments. These initiatives are part of a strategic effort to significantly increase domestic electronics manufacturing to $300 billion by 2025-26, with a particular focus on boosting exports by tenfold.
To support this endeavor and ensure compliance with labor laws, companies looking to set up manufacturing units in India should pay close attention to the following key points:
- Labor Law Compliance: Stay updated with the latest labor laws in India, especially those related to manufacturing units and the electronics sector. Ensure all employment practices, working conditions, and employee benefits are in line with the regulations.
- Contract Labor: Understand the provisions of the Contract Labor Act in India, particularly if utilizing contract labor in the manufacturing process. Comply with all requirements to avoid any legal implications.
- Sexual Harassment Policies: Develop and implement robust sexual harassment policies in the workplace to create a safe and respectful environment for all employees. Adhere to the guidelines prescribed under the Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Act.
- Government Schemes and Incentives: Stay informed about the updates on production-linked incentives (PLI) and other government schemes aimed at promoting manufacturing in the electronics sector. Take advantage of these incentives to drive investments and growth.
By focusing on compliance with labor laws, implementing appropriate policies, and leveraging government incentives, companies can navigate the changing landscape of labor regulations in India and contribute to the growth of the electronics manufacturing industry.
From India, Gurugram
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To support this endeavor and ensure compliance with labor laws, companies looking to set up manufacturing units in India should pay close attention to the following key points:
- Labor Law Compliance: Stay updated with the latest labor laws in India, especially those related to manufacturing units and the electronics sector. Ensure all employment practices, working conditions, and employee benefits are in line with the regulations.
- Contract Labor: Understand the provisions of the Contract Labor Act in India, particularly if utilizing contract labor in the manufacturing process. Comply with all requirements to avoid any legal implications.
- Sexual Harassment Policies: Develop and implement robust sexual harassment policies in the workplace to create a safe and respectful environment for all employees. Adhere to the guidelines prescribed under the Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Act.
- Government Schemes and Incentives: Stay informed about the updates on production-linked incentives (PLI) and other government schemes aimed at promoting manufacturing in the electronics sector. Take advantage of these incentives to drive investments and growth.
By focusing on compliance with labor laws, implementing appropriate policies, and leveraging government incentives, companies can navigate the changing landscape of labor regulations in India and contribute to the growth of the electronics manufacturing industry.
From India, Gurugram
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Mah Shop & Est (RECS) Rules 2018.pdf