Dell, HP, Foxconn, Lenovo among 27 firms granted approval under new IT hardware PLI scheme: Vaishnaw

New Delhi: The government on Saturday said 27 companies, including Dell, HP, Foxconn, and Lenovo, have been granted approval under the new production-linked incentive (PLI) scheme for IT hardware.

The move 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 hub for hi-tech manufacturing.

“I am happy to announce that 27 companies have been approved under the PLI IT hardware scheme. About 95 per cent of these…23 companies are ready to start manufacturing from day-zero,” Minister for Electronics and IT Ashwini Vaishnaw said.