The PLI scheme for electronics does not include payment devices like credit and debit card scanners or even the ubiquitous sound boxes. PTM CEO Vijay Shaker Sharma is asking for some support from the government. But wait, do we really need a PLI for these sound boxes? Is it such an important device that at Warren's special treatment? Well, maybe looking at how the sound box is revolutionized digital payments in India will give us an answer.
In today’s episode for 4th August 2023, we see why Paytm CEO Vijay Shekhar Sharma is requesting Production Linked Incentives for payment soundboxes.
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