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Foxconn, Wistron, Dell, 16 others apply for investments under PLI scheme for IT hardware


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 provides an incentive of 1 to 4 per cent to eligible companies on net incremental sales over the base year of FY 2019-20 of goods under target segments that are manufactured in India for a period of four years (FY 2021-22 to FY 2024-25). ....

Bhagwati Micromax , Ravi Shankar Prasad , Ministry Of Electronics , It Hardware Companies , Linked Incentive , Rising Stars Hi Tech , Smile Electronics , Panache Digilife , Pli Scheme , Bit Hardware , பகவதி மைக்ரோமேக்ஸ் , ரவி ஷங்கர் பிரசாத் , அமைச்சகம் ஆஃப் மின்னணுவியல் , இணைக்கப்பட்டுள்ளது ஊக்கத்தொகை , புன்னகை மின்னணுவியல் , பஞ்சே தீகிளிபே , ப்லை திட்டம் , அது வன்பொருள் ,

Foxconn extends footprint in Chinese mainland as US project shrinks


Foxconn extends footprint in Chinese mainland as US project shrinks
Wang Bozun Published: Apr 25, 2021 08:54 PM
Employees work at a Foxconn factory in the township of Longhua, South China s Guangdong Province. File photo: VCGTaiwan island-based electronics giant Foxconn have kicked off operations of a brand new massive factory in Zhoukou, Central China s Henan Province over the weekend, marking another extension for the company s already huge presence in the Chinese mainland, in stark contrast to its troubled project in the US. 
With a total investment of 1.5 billion yuan ($231 million), the project has two phases. The operation of the first phase started on Saturday - less than two months after Foxconn signed the deal with the local government in early March - according to the company. ....

United States , Donald Trump , Xiang Ligang , Information Consumption Alliance , South China , Guangdong Province File , Central China , Henan Province , Beijing Based Information Consumption Alliance , Global Times , ஒன்றுபட்டது மாநிலங்களில் , டொனால்ட் துருப்பு , தகவல் நுகர்வு கூட்டணி , தெற்கு சீனா , மைய சீனா , ஹேநான் மாகாணம் , பெய்ஜிங் அடிப்படையிலானது தகவல் நுகர்வு கூட்டணி , உலகளாவிய முறை ,

Foxconn drastically scales back plans for $10 billion Wisconsin factory

After promising 13,000 new jobs in the state, Foxconn will only create 1,454 positions. ....