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HARDWARE INCENTIVE SCHEME
South Korea, Taiwan leapfrog India, but the race was lost decades agoSouth Korea and Taiwan have surged ahead of India in global stock markets, driven by AI-powered semiconductor booms. Their success stems fr...- Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.
- From financial services to healthcare, enterprises driving AI adoption in India are all in Mumbai: TEAMOn the eve of Mumbai Tech Week, Sharad Sanghi of Neysa AI, Aakrit Vaish of Activate, and Naiyya Saggi of EDT spoke with ETtech editor Samid...
- Zoho-backed chip startup Netrasemi launches its first chip, eyes commercial production next yearThe use cases for A2000 include surveillance through drones and CCTVs, robotics, intelligent video gateways and industrial automation. The ...
- From axles to rare earth: India draws up list of 100 products it still can't make enough ofIndia is set to boost its manufacturing sector by identifying around 100 products for domestic production. This initiative aims to reduce r...
- Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
- MeitY to revamp IT hardware PLI later this year, say officialsBy 2026-27, India's ambitious incentive scheme for IT hardware production may undergo significant revisions. With discussions underway to p...
- Dixon Tech Q4 profit falls 36% despite revenue growth and expansion plansDixon Technologies reported a sharp decline in quarterly profit due to weak consumer demand, rising component costs, and the end of PLI ben...
- India following diversified strategy to boost exports to China, cut import dependence: OfficialIndia is pursuing a multi-pronged approach to boost its exports to China. The nation is focusing on building its own industrial capabilitie...
- Smartphones emerge as India's export champions in FY26India's electronics exports saw a significant 24% rise in the last fiscal year. Smartphones led this growth, with exports climbing nearly 2...
- Asus eyes India AI boom, in talks to supply high-end compute servers beyond PCsTaiwanese tech giant Asus is boosting its AI server supply in India. The company is in talks with the government and local hyperscalers for...
- Preserving your crypto wealth: The definitive seven step security auditDigital asset investors face significant risks due to operational negligence, with billions lost to security incidents. This article outlin...
- Press Note 3 of 2020 amendment provides for beneficial ownership definition: Govt to ParliamentNew rules define beneficial ownership for countries sharing land borders with India. Investors from these nations can hold up to 10% owners...
- Govt to rejig PLI 2.0 sops on high GPU prices, AI server techThe terms of the production-linked incentive (PLI) scheme for IT hardware need to be re-evaluated due to the rising cost of graphics proces...
- Govt received 'excellent' response for hardware PLI scheme from cos, says IT Min Ashwini VaishnawThe Indian government has received a positive response from global companies, including Lenovo, HP, Dell, and Acer, for its Production Link...
- 44 IT hardware companies log in for PLI sopsIT hardware companies have been told about the licensing portal where it takes five to 10 minutes to get approval for an import licence, th...
- Deadline for PLI for IT hardware application extended againThe centre notified the second phase of the production-linked incentive scheme for IT hardware on May 14 with a budgetary outlay of Rs 17,0...
- Government notifies second phase of PLI scheme for IT hardwareThe revised scheme was notified at the Gazette after the union cabinet approved the scheme on May 17. The new scheme will extend an average...
- IT hardware PLI purse may zoom 2.5 times to Rs 19,000 croreAccording to a draft of the revised scheme — PLI for IT Hardware 2.0 — which is set to be circulated to major stakeholders for feedback, th...
- Hardware incentive scheme gets proposals worth Rs 2,350 croreThese proposals are expected to bring additional investments worth Rs 2,350 crore in electronics manufacturing
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