1. The PLI 2.0 IT hardware scheme has received applications from 32 companies, including HP, Dell, Lenovo, Foxconn, Acer, and Thomsan, among others.
2. Several domestic companies, such as Dixon Technologies, VVDN, and Netweb, have also applied under the scheme, which aims to boost production in the IT hardware sector with an estimated incremental investment of 2,430 crore rupees.
3. The PLI 2.0 scheme is expected to generate over 75,000 direct jobs and more than 2 lakh indirect jobs, leading to increased employment opportunities in the sector.
4. The scheme covers products such as laptops, tablets, all-in-one PCs, servers, and ultra-small form factor devices.
5. The government aims to strengthen the local electronics manufacturing ecosystem by encouraging localization of components and sub-assemblies and developing the domestic supply chain. The scheme includes incentives for semiconductor design, IC manufacturing, and packaging.
The IT hardware production in the country is witnessing a surge in interest. Under the PLI 2.0 IT hardware scheme, 32 companies have applied for the program. The Union IT Minister, Ashwini Vaishnaw, made this announcement on Wednesday. According to reports, companies like HP, Dell, Lenovo, Foxconn, Acer, and Thomson, among others, have shown interest in the scheme. The aim of the scheme is to boost production with an estimated incremental investment of INR 2,430 crore.
Furthermore, several domestic companies, including Dixon Technologies, VVDN, and Netweb, have also applied for the PLI 2.0 IT hardware scheme. The expected incremental production under this scheme is around INR 3.35 lakh crore. Vaishnaw stated that India is emerging as a reliable supply chain and value-added partner. The response to the PLI 2.0 scheme for IT hardware has exceeded expectations.
The scheme is expected to generate employment opportunities with more than 75,000 direct jobs and over 2 lakh indirect jobs. It covers products such as laptops, tablets, all-in-one PCs, servers, and ultra-small form factor devices. The PLI 2.0 IT hardware scheme was notified on May 29 with a budgetary outlay of INR 17,000 crore. Vaishnaw mentioned that companies are coming to India and working on developing their local supply chains.
In addition, local electronics manufacturing players, including Dixon Technologies’ subsidiary, Padget Electronics, and Optimus Electronics, have applied for the PLI 2.0 IT hardware scheme. The scheme aims to encourage the localization of components and sub-assemblies and develop a comprehensive and deep manufacturing ecosystem in the country. The scheme also includes semiconductor design, IC manufacturing, and packaging as components eligible for incentives under the PLI 2.0 IT hardware scheme.