IT HARDWARE PLI 2.0:32 LOCAL,GLOBAL
PLAYERS SHOW INTEREST
Dell, Acer & Asus Come In |
Apple & Samsung Stay Away
The government struck a rich haul in its attempt
to get IT hardware and laptop makers to commit investments in India with almost
all top global manufac turers barring Apple and Samsung agreeing to beef up
production in the country directly or through domestic makers and suppliers. Those
who will be investing in India include America's HP and Dell, Taiwanese Asus
and Acer and Chinese Leno vo (through a local manufacturing partner)
The government increased the
benefits under the scheme to Rs.17000 crore against Rs.7350/- crore earlier
The First Version of the Production
–linked incentive PLI scheme for laptop,tablet
and server makers had seen lukewarm response.It also stipulated a licensing
regime on laptop,PC and desktop imports
To prod the companies to invest in India, the
government had to not only sweeten the incentive scheme, but it stipulated a
licensing regi me on laptop imports, somet hing that the industry had objected
to initially but later agreed to as they were allo wed to freely ship their pro
ducts till the end of October
A total of 32 companies have applied under
the sche me and apart from the global brands, these include cunt collected from
banks and houract manufacturers such as Rising Stars Hi-Tech and Flextronics.On
the Indian side, those who have applied under the scheme include Dixon's Padget
Electronics Optiemus Telecommunica tion, VVDN Technologies, Bhagwati Products,
Neolyne Telecommunications Ltd, and Mirc Electronics
As per the Ministryof
Ccommunication and IT sector,India is likely to see an incremental production
of around Rs 3.35 lakh crore, with expectations of fresh investments of around Rs 2,430 crore.
The expected direct employment is going to be around 75,000 personnel." For the Indian IT sector.A major boost to the
economy as well.
