Dell, Foxconn, Dixon selected under PLI for making IT hardware
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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.
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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).
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