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Government approves 27 manufacturers under PLI Scheme – 2.0 For IT Hardware

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Building on the success of Production Linked Incentive scheme (PLI) for mobile phones, the Union Cabinet led by Prime Minister Shri Narendra Modi had approved PLI Scheme – 2.0 for IT hardware on 17th May 2023. This scheme covers laptops, tablets, all-in-one PCs, Servers and Ultra Small Form Factor devices

Applications of 27 IT hardware manufacturers have been approved on 18 November. IT hardware of well-known brands such as Acer, Asus, Dell, HP, Lenovo, etc will be manufactured in India. The expected outcomes of this approval, over the tenure of the scheme are as follows :

–Employment: total of about 02 lakhs. About 50,000 (direct) and about 1.5 lakh (indirect)
–Value of IT hardware production: 3 lakh 50 thousand crore rupees (42 billion US dollars)
–Investment by companies: 3,000 crore rupees (360 million US dollars).