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Foxconn, Wistron, Dell, 16 others apply for investments under PLI scheme for IT hardware Representative image Apple's contract manufacturers Foxconn and Wistron, computer firm Dell and domestic company Lava are among the 19 companies that have applied for investments under the production linked incentive scheme for IT hardware manufacturing, the Ministry of Electronics and IT said on Tuesday. According to the Ministry, the scheme is expected to lead to total production worth around Rs 1.6 lakh crore. Production Linked Incentive (PLI) scheme for IT Hardware was notified on March 3. The scheme ...

New Delhi [India], February 24 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the Production Linked Incentive (PLI) scheme for IT hardware and for pharmaceuticals over a period of Financial Year 2020-21 to 2028-29.

The “make in India” initiative launched by PM Modi back in 2014 has gained momentum in recent months after the "tech-war" intensified across the globe. Last week...

The union cabinet on Wednesday approved production-linked incentive scheme for IT hardware products. The target IT hardware segments under the proposed Scheme include laptops, tablets, personal computers (PCs) and servers. The total cost of the PLI scheme for IT hardware is approximately Rs 7,350 crore over 4 years. "After the success of in bringing investments in mobile phone (handsets and components) manufacturing, the union cabinet chaired by the Prime Minister, Narendra Modi has approved the PLI scheme for IT hardware," the government said in a release. The proposed scheme is likely...

PETALING JAYA: Despite complaints of price hikes in IT hardware recently, the National Tech Association of Malaysia (Pikom) claimed it has not seen a marked increase in prices across the board.