19 IT Companies Filed Applications Under the PLI Scheme

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A total of 19 companies have filed their application under the Production Linked Incentive Scheme (PLI) for IT Hardware which was notified on 3rd March,2021. The scheme was open for filing applications till 30th April, 2021. Incentives are applicable under the scheme from 1st April, 2021.

The global electronics hardware manufacturing companies that have applied under category IT Hardware Companies are Dell, ICT (Wistron), Flextronics, Rising Stars Hi-Tech (Foxconn) and Lava.

While, 14Domestic Companies include Dixon, Infopower (JV of Sahasra and MiTAC), Bhagwati (Micromax), Syrma, Orbic, Neolync, Optiemus, Netweb, VVDN, Smile Electronics, Panache Digilife, HLBS, RDP Workstations and Coconics. These companies are expected to expand their manufacturing operations in a significant manner and grow into national champion companies in IT Hardware production.

Production of Rs. 1.60 lakh crore and Exports of Rs. 60 thousand crore has been expected over next 4 years.

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