Applications of 27 computer hardware companies for manufacturing and assembling components in India have been approved under the production-linked incentive scheme, electronics and IT minister Ashwini Vaishnaw announced on Saturday, as a part of the government's efforts to transform the country into a manufacturing hub.
"23 out of 27 approved applicants are ready to start manufacturing on day zero," Vaishnaw said. "Four companies will start their production within the next 90 days." The scheme, approved by the Union cabinet in May with a budgetary outlay of ₹17,000 crore, covers laptops, tablets, all in-one PCs, servers and ultra small form factor devices.
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