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3 mins read
Budget 2024 expectations – PLI scheme to GST reduction, budget expectations from the tech industry
The Budget 2024 is set to be tabled on July 23 by the finance minister Nirmala Sitharaman and like …
2 mins read
Production Linked Incentive scheme for drones to kickstart industry, not permanent subsidy: Piyush Goyal
The Production-Linked Incentive (PLI) Scheme for drones and drone components is a Kickstarter for t…
ANI
2 mins read
"27 companies have been approved for PLI": Ashwini Vaishnaw on India's IT hardware revolution
Vaishnaw said, "As you're aware, a few months back, PM Modi approved the Production Linked Incentiv…
ANI
2 mins read
Centre launches IT hardware PLI 2.0 with ₹17,000 crore outlay
The Centre on Wednesday approved an updated production linked incentive (PLI) scheme for IT hardwar…
1 min read
Government announces ₹12,000 crore PLI scheme for telecom sector
The Cabinet has approved production-linked incentive (PLI) scheme for telecom equipment manufact…
PTI
2 mins read
India is reportedly in talks with TSMC, Intel and other semiconductor giants to set up local production plants in the country
In a bid to push the semiconductor industry, which is in nascent stages, the Indian government is w…
2 mins read
India makes a $10 billion bet to woo chip makers at home
China Plus One refers to reducing dependency on supply chains only in China, and diversifying bu…
2 mins read
PC manufacturers meet MeitY officials on import curbs, seek solutions
As PC and laptop makers urge the government to rethink its decision on import licensing requirement…
5 mins read
India tweaks licensing norms for laptop, computer imports; online authorisation system introduced
The government on Thursday tweaked the cumbersome licensing norms to import IT hardware products li…
PTI
3 mins read
Checkout chip makers’ stocks that surged on PLI scheme; industry leaders feel the move will make India self-reliant
Finally, some of the semiconductor shortage will hopefully ease after the Indian government announc…
2 mins read
Indian government wants its IT hardware industry to be as globally successful as TCS, HCL Tech and Infosys — announces PLI scheme worth ₹7,250 crore
The Indian government’s aim is to make Indian IT hardware as successful as Indian IT services — whi…
2 mins read
Apple, HP Dell and others seek Nov 1 laptop import restriction deadline extended by a year
Top consumer electronics companies like HP, Apple and Dell have urged the government to extend the …
2 mins read
India saw production worth ₹67,275 crore under PLI for large-scale electronics, reveals Economic Survey 2021-22
According to the Survey, under the PLI scheme for IT hardware (notified on March 3, 2021) the …
2 mins read
Foxconn commits to double employment, investments in India
iPhone-maker Apple's supplier Foxconn has committed to doubling employment, investments and busines…
PTI
3 mins read
SIMPLY PUT: Watch out for production linked incentives in the budget — here’s how it will work
The Production-Linked Incentive (PLI) scheme was introduced by the government to incentivise and bo…
6 mins read
India needs chipset manufacturers — lots of them. Here is why.
A few months back, when the companies worldwide started recovering from the pandemic-hit lows, they…