Dell, HP, Foxconn, Lenovo Among 27 Beneficiaries Under India’s PLI 2.0 Scheme for IT Hardware
India has announced that 27 companies, including Dell, HP, Foxconn, and Lenovo, are selected as beneficiaries for PLI 2.0 Scheme incentives. Of these, 23 companies are ready to start local production.
Spotlight: Dixon Technologies
We had applied under the hybrid domestic category and have committed cumulative production value of Rs 48,000 crore [INR 480 billion/ approx. US$5.75 billion] over six years, starting [FY2024-25], and an investment of Rs 250 crore [INR 2.5 billion/US$29.9 million]. In the first year, our focus will be on final assembly and PCBA (printed circuit board assembly) and later we will get into components like batteries, chargers, display cabinets, etc. – Sunil Vachani, Managing Director of Dixon Technologies, Business Standard
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