The Ministry of Electronics and Information Tehnolkogy on Thursday approved 14 entitled applicants under the Production Linked Incentive Scheme (PLI) for IT hardware. The target segments under the PLI Scheme for IT Hardware include laptops, tablets, all-in-one personal computers and servers.
The major international players selected under the incentive scheme are Dell, Wistron, Rising Stars Hi-Tech (Foxconn) and Flextronics. The domestic companies selected under the scheme are Lava International Ltd, Dixon Technologies (India) Ltd, Infopower Technologies (JV of Sahasra and MiTAC), Bhagwati (Micromax) Neolync, Optiemus, Netweb, Smile Electronics, VVDN, and Panache Digilife
The scheme proposes production-linked incentives to boost domestic manufacturing and attract large investments in the value chain of these IT Hardware products.
While giving approval to entitled applicants under the PLI Scheme, Ravi Shankar Prasad, Union Minister for Electronics and IT, Communications, Law and Justice said that the PLI scheme has been a huge success in terms of the applications received from Global as well as the domestic manufacturing companies.
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