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"Twenty-three of these companies are ready to start manufacturing on day zero. And four companies will start within 90 days,” IT Minister Ashwini Vaishnaw said Saturday. ....
"HP is committed to advancing digital equity, and we have been driving many initiatives to enable digital education across India. Manufacturing Chromebook laptops in India will allow Indian students to get easy access to affordable PCs. By further expanding our manufacturing operations, we continue to support the Make in India initiative of the Government," said Vickram Bedi, Senior Director - Personal Systems, HP India. ....
In a move that could push the PLI scheme which is expected to incentivise local manufacturing, the government in August imposed restrictions on import of IT hardware from November, with companies requiring a licence to import products from abroad. However, the government has now learnt to have called off plans to impose a licensing regime, and instead will look to regulate inbound shipments through an import management system. ....
PLI Scheme: Last month, 40 proposals worth Rs. 5,000 crore were received by the ministry of electronics and IT under the IT Hardware Production Linked Incentive (PLI) 2.0 scheme, although fixed benefit limits mean not all offers will be eligible for the federal monetary support. ....