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Domestic Manufacturing: The government saw some large deals being finalised with companies across the globe in lucrative industries such as electronics, automobiles and semiconductor manufacturing.
The union government Saturday approved IT hardware manufacturing proposals from 27 companies — both global and domestic — that will bring in cumulative investments of ₹3,000 crore over the next six years.
The government on Saturday approved the proposals of Dell, HP India, Flextronics India, VVDN Technologies, Netweb Technologies, Lenovo, and 21 others for manufacturing of IT hardware under the second phase of the production linked incentive scheme.