PLI for IT hardware 2.0 sees applications from 40 firms, proposed investment Rs4.65 lk cr

New Delhi: The revised production-linked incentive (PLI) scheme for IT hardware has been oversubscribed with interest from 40 companies, with expected incremental investments to the tune of Rs 5,010 crore for additional production worth Rs 4.65 lakh crore over the coming six years.

“Large IT hardware companies such as Dell and HP are participating directly under the scheme while other major players such as HPE, Lenovo, Acer, ASUS, Thomson participating through EMS (electronic manufacturing services) companies – Flextronics , Rising Star (Foxconn) etc – having manufacturing facilities in India,” the government said in a statement Thursday.