Dell, HP, Foxconn, Flextronics among 27 firms granted approval under IT hardware PLI scheme


New Delhi, 18 November, 2023- The government on Saturday said 27 companies, including Dell, HP, Flextronics, and Foxconn, have been granted approval under the production-linked incentive (PLI) scheme for IT hardware.The scheme, which covers laptops, tablets, PCs, servers and ultra-small form factor devices, is expected to fuel incremental investments of about Rs 3,000 crore.The nod to the applicants comes at a time when India is wooing IT hardware players with policy sweeteners and incentive schemes, making a determined push to position itself as a global powerhouse for hi-tech manufacturing. “I am happy to announce that 27 companies have been approved for the PLI IT hardware scheme. About 95 per cent of these…23 companies are ready to start their manufacturing from day-zero,” Minister for Electronics and IT Ashwini Vaishnaw said at a briefing.

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