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Make In India Push: India Grants Incentives For Dell, HP, Foxconn To Make IT Hardware Locally

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[ad_1] The country is offering cash-backs to manufacturers on sales of locally made goods that exceed an annual target. The scheme is key to India’s ambitions to become a powerhouse in the global electronics supply chain, with the country targeting an annual output worth $300 billion by 2026. [ad_2]

Dell, HP, Foxconn, Lenovo among 27 firms granted approval under new IT hardware PLI scheme: Ashwini Vaishnaw | Business News

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[ad_1] The government on Saturday said 27 companies, including Dell, HP, Foxconn, and Lenovo, have been granted approval under the new production-linked incentive (PLI) scheme for IT hardware. The move comes at a time when India is wooing IT hardware players with policy sweeteners and incentive schemes, making a determined push to position itself as … Read more