Dell, HP,  Foxconn, among 27 firms granted approval under new IT hardware PLI scheme: Vaishnaw

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Dell, HP,  Foxconn, among 27 firms granted approval under new IT hardware PLI scheme: Vaishnaw


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| Photo Credit: Reuters

The Government on November 18 stated 27 corporations, together with Dell, HP, and Foxconn, have been granted approval under the new production-linked incentive (PLI) scheme for IT hardware.

The transfer comes at a time when India is wooing IT hardware gamers with coverage sweeteners and incentive schemes, making a decided push to place itself as a world hub for hi-tech manufacturing. “I am happy to announce that 27 companies have been approved under the PLI IT hardware scheme. About 95% of these…23 companies are ready to start manufacturing from day-zero,” Minister for Electronics and IT Ashwini Vaishnaw stated.

“This will set us up for being a big force in manufacturing of PCs, servers, laptops, and tablets,” he added.

These 27 corporations will make investments ₹3,000 crore. Big gamers, together with Dell, Foxconn, and HP, are among the many corporations whose functions have been accepted.



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