IT industry to global firms: With PLI 2.0, best time to be in India
Financial Express Mumbai|May 18, 2023
GOVT LOOKS TO ATTRACT US GIANTS LIKE DELL, HP & APPLE
JATIN GROVER
IT industry to global firms: With PLI 2.0, best time to be in India

THE IT AND electronics industry welcomed the government's announcement on the revised production linked incentive (PLI) scheme for IT hardware by increasing the outlay to over two times to ₹17,000 crore. With improved incentives and outlay, the government aims to push local manufacturing of IT hardware such as laptops, tablets, desktops, and servers, among other products. On its part, the industry said that this the best time for global firms to shift their manufacturing base from China to India.

"It will ensure investments across the IT hardware value chain, demonstrating the government's receptiveness to industry inputs and their determination to translate words into action. This is an opportune moment to shift IT hardware manufacturing towards India," Pankaj Mohindroo, chairman of India Cellular and Electronics Association (ICEA), said.

هذه القصة مأخوذة من طبعة May 18, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 18, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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