vimarsana.com

திட்டம் க்கு தொலை தொடர்பு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

VVDN gets approval under PLI Scheme for IT hardware manufacturing

VVDN gets approval under PLI Scheme for IT hardware manufacturing ANI | Updated: Jul 07, 2021 10:29 IST Gurugram (Haryana) [India], July 7 (ANI/PRNewswire): VVDN Technologies, a premier electronic product engineering and manufacturing company, has been approved by the Ministry of Electronics and Information and Technology (MeitY) under the Production Linked Incentive scheme (PLI) for IT hardware. VVDN is amongst the 14 companies domestic and international, which has been granted approval for IT hardware manufacturing under Production Linked Incentive (PLI) scheme for IT hardware products. VVDN has also participated in the Govt. of India s PLI Scheme for Telecom and Networking equipment. With 5 state-of-the-art manufacturing units and 10 design centers across India, VVDN does the complete R&D, engineering and manufacturing of products in the domains 5G & Datacenter, Networking & Wi-Fi, Vision, and IoT. In IT hardware space, VVDN has vast expe

India splashes cash to lure telecoms and network kit-makers in need of manufacturing muscle

Wants big players to build locally for locals, then build export capability Share Copy India has created a new tech manufacturing investment attraction fund, this time for telecom equipment and enterprise networking kit. Details of the new Production Linked Incentive (PLI) Scheme for Telecom and Networking Products have not been posted, but previous Indian PLI schemes aimed at consumer electronics and other devices have seen India subsidise the acquisition of land and construction of factories for both foreign and domestic investors. The new scheme explicitly aims to make India both a producer of products for local consumption, and an exporter.

India- Cabinet approves over Rs 12,000 cr PLI scheme for telecom sector

(MENAFN - KNN India) Cabinet approves over Rs 12,000 cr PLI scheme for telecom sector New Delhi, Feb 17 (KNN) The Union Cabinet, chaired by the Prime Minister, Narendra Modi, on Wednesday approved Production Linked Incentive (PLI) Scheme for Telecom and Networking Products with a budgetary outlay of Rs. 12,195 crore. The Production Linked Incentive (PLI) scheme intends to promote manufacture of Telecom and Networking Products in India and proposes a financial incentive to boost domestic manufacturing and attract investments in the target segments of telecom and networking products in order to encourage Make in India. The scheme will also encourage exports of telecom and networking products Made in India .

Telecom Manufacturing In India To Get Boost With Outlay Of Rs 12195 Crores Over 5 Years

Ministry of Communications stated today that Telecom manufacturing is set to get a boost with outlay of Rs 12195 Crores over 5 years leading to enhanced production of more than Rs 2.4 Lakh Crores. Pursuant to the extraordinary incentive of PLI being provided by Government of India in various sectors, the Cabinet today has approved the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products. This approval comes in wake of very encouraging success of PLI related to Mobile and component manufacturing, which was announced in April 2020 during the height of Covid pandemic. In spite of 31st July 2020 being the last date for applying, it received a resounding response. All major mobile component manufacturers of world are expanding their powerful footprints in India by making investments, starting exports and giving jobs to thousands of Indians. Today s Cabinet decision addresses another component of Atmanirbhar Bharat to make India a global hub of manufacturing telec

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.