The electronics hardware manufacturing companies that have applied under category IT Hardware Companies are Dell, ICT (Wistron), Flextronics, Rising Stars Hi-Tech (Foxconn) and Lava, Meity said
19 cos apply under PLI scheme for IT hardware
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19 cos apply under PLI scheme for IT hardware
TNN / Updated: May 5, 2021, 07:48 IST
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Apple s contract manufacturers Foxconn and Wistron are among the companies that have applied for investments under the production-linked incentive (PLI) scheme for IT hardware manufacturing
NEW DELHI: Apple s contract manufacturers Foxconn and Wistron, computer firm Dell and domestic firms Dixon and Lava are among the 19 companies that have applied for investments under the production-linked incentive (PLI) scheme for IT hardware manufacturing, the ministry of electronics and IT (Meity) said on Tuesday.
According to the ministry, the scheme is expected to lead to total production worth Rs 1.6 lakh crore. Out of the total, IT hardware companies have proposed production worth over Rs 1.35 lakh crore, and domestic companies have proposed output of more than Rs 25,000 crore, Meity said.
A total of 19 companies have filed applications under the production linked incentive (PLI) scheme for IT hardware, including Dell, Rising Stars Hi-Tech (Foxconn) and Lava. The other electronics hardware manufacturing companies that have applied under category IT hardware companies are ICT (Wistron) and Flextronics, said an official statement. Further, 14 companies have filed applications under the category Domestic Companies which include Dixon, Infopower (JV of Sahasra and MiTAC), Bhagwati (Micromax), Syrma, Orbic, Neolync, Optiemus, Netweb, VVDN, Smile Electronics, Panache Digilife, HLBS, RDP Workstations and Coconics. These companies are expected to expand their manufacturing operations in a significant manner and grow into national champion companies in IT Hardware production, said the IT Ministry statement.