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Govt approves application of 27 cos under PLI scheme
The Morning Standard
|November 19, 2023
Approved applicants include Dell, Foxconn, HP, Lenovo, Flextronics
THE government on Saturday said it has approved the application of 27 companies, including Dell, HP, Foxconn and Lenovo under the production Linked Incentive (PLI) scheme for IT hardware.
Minister for Electronics and Information Ashwini Vaishnaw, while announcing the names of successful the applicants, said this move will make India a big force in manufacturing of personal computers (PCs), servers, laptops, and tablets.
"Nearly 27 companies are ready to start manufacturing on day zero and four companies will start within 90 days. These 27 companies will lead to ₹3,000 crore, direct employment of 50,000, and indirect employment of 1,50,000," said Vaishnaw.
This story is from the November 19, 2023 edition of The Morning Standard.
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