Tag: Manufacturing

NEW DELHI: The government on Saturday said 27 companies, including global Dell, HP, Foxconn, and Lenovo, and local Optiemus, Padget and VVDN, have been granted approval under the upgraded Rs 17,000 crore production-linked incentive (PLI) scheme for IT hardware.The move comes at a time when India is vying to get global and local IT hardware players with policy sweeteners and incentive schemes, making a determined push to position itself as a global hub for hi-tech manufacturing.“A total of 27 companies have been approved under theIT hardware PLI scheme....