27 Companies Approved for PLI for IT Hardware: Ashwini Vaishnaw

Ashwini Vaishnaw, Minister of Electronics and Information, said on November 18 that 27 businesses had been authorized for Production Linked Incentive (PLI) programs for IT gear.

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Twenty-three of these companies are ready to start manufacturing on day zero. And four companies will start within 90 days.

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Dell, Foxconn, HP, Lenovo Flextronics, VVDL, Neolink, Bhagwati, Netweb, Sahasra, ILP, and Optimus are among the firms that have been certified.

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Companies that have not been approved, they are evaluating, and they will also come

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The Cabinet authorized a revamped PLI program for IT hardware worth Rs 17,000 crore with a six-year duration in May

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The previous iteration of the plan provided incentives of up to 2% of net sales of locally made items.

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