IT hardware companies may get more time for local manufacturing, ET Retail
IT Hardware: The companies will have to submit a detailed and graded roadmap of make-in-India plans for products to government.
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IT Hardware: The companies will have to submit a detailed and graded roadmap of make-in-India plans for products to government.
The companies will have to submit a detailed and graded roadmap of make-in-India plans for products to government.
Manipal Group chairman Ranjan Pai is likely to pick up a stake in FirstCry, as part of a secondary share sale. Pais Rs 250 crore investment could come at a valuation of about $3 billion for the Pune-based ecommerce firm looking to file its draft IPO papers before the end of this year. All this and more in todays Morning Dispatch.
In a meeting with senior ministry of electronics and information technology (MeitY) officials on Tuesday, executives of companies like Apple, Dell, HP, Acer and others said they would need this time to set up manufacturing facilities in India.
India aims to become self-reliant in the IT hardware space by reducing imports from China, saving foreign exchange, creating jobs, and strengthening the hardware supply chain