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NEW DELHI: The Centre on Saturday mentioned approval for participation within the new Production-Linked Incentive (PLI) scheme for IT hardware has been granted to 27 firms, together with main gamers resembling Dell, HP, Foxconn, and Lenovo.
This growth aligns with India’s proactive technique to draw IT hardware firms by attractive insurance policies and incentive programmes, with the overarching aim of positioning itself as a number one international hub for slicing-edge manufacturing.
The anticipated funding from these 27 accredited firms is estimated to succeed in Rs 3,000 crore.
Expressing satisfaction, IT minister Ashwini Vaishnaw mentioned: “I am delighted to announce that 27 companies have secured approval under the PLI IT hardware scheme. Nearly 95% of these companies are geared up to commence manufacturing operations right from day one. This strategic initiative positions us robustly to emerge as a significant player in the manufacturing landscape, encompassing PCs, servers, laptops, and tablets.”
(With inputs from businesses)
This growth aligns with India’s proactive technique to draw IT hardware firms by attractive insurance policies and incentive programmes, with the overarching aim of positioning itself as a number one international hub for slicing-edge manufacturing.
The anticipated funding from these 27 accredited firms is estimated to succeed in Rs 3,000 crore.
Expressing satisfaction, IT minister Ashwini Vaishnaw mentioned: “I am delighted to announce that 27 companies have secured approval under the PLI IT hardware scheme. Nearly 95% of these companies are geared up to commence manufacturing operations right from day one. This strategic initiative positions us robustly to emerge as a significant player in the manufacturing landscape, encompassing PCs, servers, laptops, and tablets.”
(With inputs from businesses)
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