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PLI scheme: Govt grants approvals to 27 firms under new IT hardware PLI scheme

The government on Saturday approved the proposals of Dell, HP India, Flextronics India, VVDN Technologies, Netweb Technologies, Lenovo, and 21 others for manufacturing of IT hardware under the second phase of the production linked incentive scheme. ....

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IT hardware firms with build plans may get extra year of curb-free imports, ET Telecom

IT Hardware: As of now, all companies can bring unrestricted supplies into India and the government will only start monitoring the inbound shipments as part of an import management system from November 1. But restrictions in terms of inbound shipments will come into effect from October/November next year and companies will get quotas. ....

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it hardware firms imports curbs: IT hardware firms with build plans may get extra year of curb-free imports

Officials aware of the details told ET there are no restrictions for importing IT hardware till October next year, but the relaxations can be extended by another year, or till October 2025. But the relaxation will only be for companies which plan to manufacture locally and submit a detailed schedule to the government. ....

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PLI & PLI 2.0 for IT Hardware: Strong Global Response from Key Players Fuels India's IT Export Hub Ambitions

Under PLI 2.0, the average incentive is 5% on net incremental sales of goods manufactured in India. The target segment under PLI 2.0 includes laptops, tablets, all-in-one PCs, servers and ultra-small form factor ....

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44 IT hardware companies log in for PLI sops

IT hardware companies have been told about the licensing portal where it takes five to 10 minutes to get approval for an import licence, this official said. “The regulations being imposed are from a security point of view, and these regulations will not create any disruption anywhere,” the official said. ....

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