Key Points
New Delhi [India], November 18 (ANI): Building on the success of the Production Linked Incentive scheme (PLI) for mobile phones, the Union Cabinet led by Prime Minister Narendra Modi has approved PLI Scheme 2.0 for IT hardware, said a government release on Saturday...
According to the release, applications from 27 IT hardware manufacturers including Acer, Asus, Dell, HP, Lenovo, etc have been approved..
Addressing industry captains and media, Minister of Railways, Communications and Electronics and IT Ashwini Vaishnaw today informed that 23 out of 27 approved applicants are ready to start manufacturing on day zero...
The PLI Scheme for IT Hardware, introduced by Prime Minister Narendra Modi and notified on May 29, 2023, with a budgetary outlay of Rs 17,000 crores, aims to enhance the IT hardware manufacturing ecosystem in the country...
The PLI schemes, a part of Indias Atmanirbhar and Make-in-India initiatives, aim to enhance global competitiveness, attract investments, boost exports, integrate India into the global supply chain, and reduce dependency on imports across various sectors..
You might be interested in
"27 companies have been approved for PLI": Ashwini Vaishnaw on India's IT hardware revolution
18, Nov, 23New Delhi [India], November 18 (ANI): Union Minister for Communications, Electronics and IT, Ashwini Vaishnaw, announced a significant milestone in India’s IT hardware sector, stating that 27 companies have received approval under the Production Linked Incentive Scheme (PLI) within a short timeframe. Vaishnaw said, “As you’re aware, a few months back, PM Modi approved the […]
Government grants incentives for Dell, HP, Foxconn to make IT hardware locally
18, Nov, 23The scheme is key to India's ambitions to become a powerhouse in the global electronics supply chain, with the country targeting an annual output worth $300 billion by 2026.
Cabinet clears Rs 17,000 crore PLI scheme to boosy IT hardware production
17, May, 23The programme, which also covers personal computers and servers, is expected to benefit global and Indian companies such as Dell, Wistron Corp, Dixon, and Foxconn.
Govt grants approvals to 27 firms including Dell, Foxconn under new IT hardware PLI scheme
18, Nov, 23The Indian government has approved 27 firms, including Dell, Foxconn, HP, and Lenovo, under a new IT hardware scheme. Around 30 out of 40 applicants are expected to qualify for the Rs 17,000-crore production linked incentive (PLI) scheme.
Semiconductor mission should have started 30 years ago, says PM Modi | Exclusive
02, Jan, 24Prime Minister Narendra Modi's statement comes against the backdrop of several initiatives launched by the BJP-led NDA government to boost India’s capabilities towards becoming a global semiconductor manufacturing hub.
IT industry calls on global players to shift base to India
17, May, 23On its part, the industry said that this the best time for global firms to shift their manufacturing base from China to India.
Centre rolls out Rs17,000 crore Production Linked Incentive Scheme 2.0 for IT hardware
17, May, 23The implementation of the PLI Scheme 2.0 for IT hardware is expected to boost the growth of the electronics manufacturing sector in India and enhance the country's position as a global player in this industry
India's BJP slams Soros for saying Adani's troubles will weaken Modi
19, Feb, 23Prime Minister Narendra Modi's party accused billionaire financier-philanthropist George Soros of trying to undermine India's democracy on Friday by predicting that the Adani group's woes would loosen the Hindu nationalist leader's grip on power.
Govt received 'excellent' response for hardware PLI scheme from cos, says IT Min Ashwini Vaishnaw
30, Aug, 23The Indian government has received a positive response from global companies, including Lenovo, HP, Dell, and Acer, for its Production Linked Incentive (PLI) Scheme for hardware. The government has received applications from 32 companies for the scheme, which aims to promote the manufacturing of laptops, PCs, tablets, and other devices in India. However, Apple has not shown interest in the scheme.
Cabinet clears ₹17,000 cr-IT Hardware PLI Scheme 2.0
17, May, 23The Cabinet, chaired by Prime Minister Narendra Modi, on May 17 approved the Production Linked Incentive Scheme 2.0 for IT Hardware with a budgetary outlay of ₹17,000 crore.