Synopsis
Dixon, the largest Indian electronics products manufacturer, is setting up its 13th factory in Noida for laptops and tablets, which is expected to start production in the next four months.
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Homegrown electronics makers such as Dixon Technologies, Infopower Technologies, VVDN and Bhagwati Products (Micromax) have committed more than Rs 200 crore to expand IT hardware manufacturing capacity under the government’s production-linked incentive (PLI) scheme.
The Rs 7,350-crore incentive scheme – notified in March - stretches over a four-year period from April 2021 to March 2025.
Dixon, the largest Indian electronics products manufacturer, is setting up its 13th factory in Noida, Uttar Pradesh, for laptops and tablets, which is expected to start production in the next four months.
Domestic Companies Commit More Than Rs 200 Crore Towards Augmenting IT Hardware Manufacturing Under PLI Scheme: Report
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Dixon Tech gets Govt approval under PLI scheme for hardware manufacturing
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Dell, Foxconn, Dixon selected under PLI for making IT hardware
Adv.
New Delhi, July 1 (IANS) The Electronics and IT Ministry has selected 14 applicants under the Production-Linked Incentive (PLI) scheme for IT hardware manufacturing in the country.
The major international players selected under the incentive scheme are Dell, Wistron, Rising Stars Hi-Tech (Foxconn) and Flextronics.
The domestic companies selected under the scheme are Lava International Ltd, Dixon Technologies (India) Ltd, Infopower Technologies (JV of Sahasra and MiTAC), Bhagwati (Micromax) Neolync, Optiemus, Netweb, Smile Electronics, VVDN, and Panache Digilife.
Adv.
The PLI scheme for IT hardware, notified on March 3, extends an incentive of 4 per cent to 2 per cent/1 per cent on net incremental sales (over base year of FY20) of goods under target segments that are manufactured in India to eligible companies, for a period of four years (FY22 to FY25).