The Indian government approved 27 major companies, including Dell, HP, Foxconn, and Lenovo, under the new production-linked incentive (PLI) scheme for IT hardware. Minister Ashwini Vaishnaw highlighted that 95% of these companies are set for immediate manufacturing, marking a significant stride in India’s bid to become a global hub for advanced technology production. The approved firms, investing a total of Rs 3,000 crore, signal India’s commitment to fostering a robust ecosystem for manufacturing PCs, servers, laptops, and tablets, enticing international players like Dell, Foxconn, HP, and Lenovo to contribute to the country’s technological growth.
India Boosts IT Manufacturing with 27 Global Giants Secured for Production Scheme
![](https://affairsace-media.s3.ap-south-1.amazonaws.com/2023/11/18153013/electronics-860x639.jpg)