Electronics: "The voluntary adoption of parallel testing not only streamlines the compliance process for manufacturers but also significantly accelerates the go-to-market strategy compared to the traditional sequential testing methodology," Suhail Zaidi, director general of industry body MAIT said.
Twenty-seven companies have successfully obtained approvals under the Production Linked Incentive (PLI) scheme 2.0 in the IT hardware sector, Union Minister for Electronics and IT Ashwini Vaishnaw has announced.
PLI Scheme: "I am happy to announce that 27 companies have been approved under the PLI IT hardware scheme. About 95 per cent of these.23 companies are ready to start manufacturing from day-zero," PTI quoted Minister for Electronics and IT, Vaishnaw .