PLI scheme for IT hardware disappoints hugely, incremental investment dismal
The Centre’s Production-Linked Incentive (PLI) scheme 2.0 for IT hardware has seen an incremental investment of only ₹501 crore so far in 2024.As per data...
IT hardware makers push for faster BIS certification to boost local production under PLI scheme
New Delhi: IT hardware manufacturers are urging the government to significantly reduce the five-to-six-month certification process for locally-made laptops and notebooks, which they say is...
Investment of Rs 8282 crore is done under PLI Scheme for electronic manufacturing: Govt
NEW DELHI: As of June end, a cumulative investment of Rs 8282 crore by 32 companies is done under the Production-linked incentive (PLI) scheme for...
As many as 17 firms under IT hardware PLI to start production this year: IT Secretary, ET Telecom
New Delhi: Majority of manufacturers qualified under the revised production-linked incentive scheme for IT hardware are expected to start production this year, a senior government...
Can the PLI scheme generate momentum in India’s tech market?
Despite many companies applying for the scheme, many leading firms are absent.Source: Shutterstock27 companies, including Acer, Asus, Dell, HP, and Lenovo, join India’s ‘Make in...
GoI approves subsidies for Foxconn, Lenovo, other hardware firms under PLI scheme
The new subsidies will directly create at least 50,000 jobs and indirectly, about 150,000 more jobs. This initiative covers domestic assembly of desktop and laptop...
Global hardware firms intensify talks with local cos on PLI, ET Telecom
New Delhi: Top global technology hardware brands have intensified talks with local companies that applied for the revised production-linked incentive (PLI) scheme to set up...
38 companies applied under PLI scheme for IT hardware to manufacture laptops, tablets: Vaishnaw
Union IT Minister Ashwini Vaishnaw said the government has got 'amazing' response from all top global makers under its production-linked incentive (PLI) 2.0 scheme for...
IT hardware PLI: Ten of 40 firms started manufacturing in July
Five companies will likely start operations from 1 April 2025. The government expects an incremental investment of ₹5,010 crore from the 40 applicants, including global...
Laptop, tablet makers flock to PLI version 2.0
NEW DELHI : Leading global and domestic manufacturers have shown interest in the new production linked incentive or PLI scheme for IT hardware, said ministry...