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VVDN Technologies: VVDN Gets Approval Under PLI Scheme for Telecom and Networking Equipment

GURUGRAM, India, Oct. 15, 2021 /PRNewswire/ VVDN Technologies, a premier electronic product engineering and manufacturing company, announced that it has been approved under the Production ....

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VVDN gets approval under PLI Scheme for IT hardware manufacturing


VVDN gets approval under PLI Scheme for IT hardware manufacturing
ANI |
Updated: Jul 07, 2021 10:29 IST
Gurugram (Haryana) [India], July 7 (ANI/PRNewswire): VVDN Technologies, a premier electronic product engineering and manufacturing company, has been approved by the Ministry of Electronics and Information and Technology (MeitY) under the Production Linked Incentive scheme (PLI) for IT hardware.
VVDN is amongst the 14 companies domestic and international, which has been granted approval for IT hardware manufacturing under Production Linked Incentive (PLI) scheme for IT hardware products. VVDN has also participated in the Govt. of India s PLI Scheme for Telecom and Networking equipment.
With 5 state-of-the-art manufacturing units and 10 design centers across India, VVDN does the complete R&D, engineering and manufacturing of products in the domains 5G & Datacenter, Networking & Wi-Fi, Vision, and IoT. In IT hardware space, ....

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India splashes cash to lure telecoms and network kit-makers in need of manufacturing muscle


Wants big players to build locally for locals, then build export capability
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India has created a new tech manufacturing investment attraction fund, this time for telecom equipment and enterprise networking kit.
Details of the new Production Linked Incentive (PLI) Scheme for Telecom and Networking Products have not been posted, but previous Indian PLI schemes aimed at consumer electronics and other devices have seen India subsidise the acquisition of land and construction of factories for both foreign and domestic investors.
The new scheme explicitly aims to make India both a producer of products for local consumption, and an exporter. ....

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