’27 firms granted approval under new IT hardware PLI scheme’

Twenty-seven companies, including industry leaders Dell, HP, Foxconn, and Lenovo, have received approval for the new Production-Linked Incentive (PLI) scheme in IT hardware, signaling India’s drive to become a global hub for advanced manufacturing. The move comes as the country actively seeks to attract IT hardware players through favorable policies. These companies are expected to invest Rs 3,000 crore, positioning India as a major force in manufacturing PCs, servers, laptops, and tablets.