PLI scheme for IT hardware attracts 19 firms; Foxconn, Wistron, Dell apply

Computer major Dell and contract manufacturers Foxconn, Wistron and Flextronics are among the 19 companies that have filed their applications under the production linked incentive (PLI) scheme for IT hardware, notified on March 3, 2021.

The scheme, with an outlay of Rs 7,350 crore over four years, will provide financial incentives in the range of 4% to 1% on the net incremental sales over the base year (2019-20) for manufacturing laptops, tablets, all-in-one PCs and services.