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.

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

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

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

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

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