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Mega Networks: Mega Networks plans to make AI servers in Maharashtra

Mega Networks is one of two Indian firms chosen for the production-linked incentive (PLI) scheme 2.0 for IT hardware. Under this, the government gives an incentive of around 5% on net incremental sales of goods manufactured in India.
Amrish Pipada Indian School Of Business Technology Leadership Mega Networks Certificate Programme In Data Science Machine India Ai Mission

Personal computer imports from China dip 3 pc during Nov-Feb 2024

Imports of personal computers into India also declined 55 per cent year-on-year to USD 1.06 billion from the world during November-February 2024. On October 19 last year, the government tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere "authorisation" upon detailing quantity and value.
New Delhi Personal Computer Imports Commerce Ministry Inbound Shipments Bit Hardware Laptops And Computers

PLI schemes attract over Rs 1.06 lakh crore investment till Dec; pharma sector gets major chunk

PLI schemes across sectors attracted significant investments by December 2023, notably in pharma and solar industries. While some sectors thrived, others like IT hardware, auto, and textiles faced tepid interest, prompting a review for scheme improvements.
Glenmark Pharma Reliance New Energy Solar Ltd Wockhardt Ltd Shirdi Sai Electricals Adani Infrastructure Tata Power

EMS: Dixon's largest order book is in mobiles; IT hardware can be a $1 billion opportunity in next 2-3 years: Saurabh Gupta

Saurabh Gupta of Dixon Technologies foresees a $10 billion IT hardware opportunity for India. Emphasizing import substitution, a growth rate of 35-40% annually, and the importance of the PLI scheme, Dixon aims for 20-25% revenue from exports in five years.
Uttar Pradesh Saurabh Gupta Offering College Indian School Of Business Dixon Technologies Leadership Excellence

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HP India: New HP India MD Ipsita Dasgupta sees 'no end' in India devices demand

HP India managing director Ipsita Dasgupta was appointed the India head of the laptop and personal computer maker in October last year. She said the company was in talks with several Indian and multi-national companies but most of these plans are works in progress as of now.
Uttar Pradesh Las Vegas Ipsita Dasgupta Offering College Indian School Of Business Programme In Fintech

New BIS norms to speed up electronics, IT hardware Companies' compliance process

The BIS on January 9 announced that the pilot project on parallel testing for select electronics goods would be institutionalised as a permanent provision, covering a total of 64 products under the Compulsory Registration Scheme (CRS). Manufacturers can opt for parallel testing voluntarily, while those preferring the traditional sequential method could continue to do so.
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