Page 11 - Bit Hardware News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Indian government is expecting investments of ₹5,000 crore, generating direct employment for 75,000 people, and incremental production of ₹3.35 trillion.

“Large IT hardware companies such as Dell and HP are participating directly under the scheme while other major players such as HPE, Lenovo, Acer, ASUS (and) Thomson participating through EMS (electronic manufacturing services) companies — Flextronics, Rising Star (Foxconn), etc. — having manufacturing facilities in India,” it said.

The decision is also because Apple does not invest in manufacturing facilities itself and works with global electronic contract manufacturers. It did not even apply for the smartphone PLI, the executives said. They said about 80% of Apple India's revenue is driven by smartphones, a bread and butter product for the company. Hence, it would focus energies on expanding iPhone production in the country.

The Indian government has received a positive response from global companies, including Lenovo, HP, Dell, and Acer, for its Production Linked Incentive (PLI) Scheme for hardware. The government has received applications from 32 companies for the scheme, which aims to promote the manufacturing of laptops, PCs, tablets, and other devices in India. However, Apple has not shown interest in the scheme.

India Business News: The government struck a rich haul in its attempt to get IT hardware and laptop makers to commit investments in India with almost all top global manufa