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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 ....
NEW DELHI: Skipping a primary market offering, phonemaker Lava International is trying to raise funds via a rights issue, as it seeks to capitalise on the incentives being offered by the government to boost local manufacturing of electronics. “The company’s board of directors in their meeting held on April 30, 2021 has accorded approval to the issue and allotment of equity shares by way of rights issues to the existing equity shareholders of the company as on April 23, 2021, the record dates, pursuant to 62(1)(a) and other applicable provisions of the Companies Act 2013, if any, read with the rules framed thereunder,” the company wrote to its equity shareholders. ....
19 cos apply under PLI scheme for IT hardware Top Searches 19 cos apply under PLI scheme for IT hardware TNN / Updated: May 5, 2021, 07:48 IST FacebookTwitterLinkedinEMail 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. ....
With the second wave of the pandemic and the resultant localised lockdowns pulling down economic activity in April, Swiss brokerage UBS on Tuesday said this will impact the first quarter GDP to some extent. The UBS India activity indicator, which is a mea ....
Out of the total production, IT hardware companies have proposed production worth over Rs 1.35 lakh crore, and domestic companies have proposed production to the tune of more than Rs 25,000 crore, Meity said in a statement. ....