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PLI FOR IT HARDWARE
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...
SC asks MeitY to examine PIL seeking recovery or destruction of stolen personal data of citizensThe Supreme Court has asked the Ministry of Electronics and Information Technology to examine a PIL seeking a robust mechanism to retrieve ...
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...
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...
Government may clear 10 PLI sops bid from IT hardware companiesThe ministry of electronics and information technology may send a confirmation to these companies and make the announcement over the next f...
Global hardware firms talk to local companies on PLI longlistThe development comes amidst the union cabinet approving the revised PLI scheme for the segment, with a financial outlay of Rs 17,000 crore...
Centre aims to meet 70% of India's IT hardware demand through domestic productionThe Central government plans to meet up to 70 per cent of the country's demand for IT hardware through domestic production within the next ...
40 firms commit to make IT hardware worth Rs 4.65 lakh cr under PLI scheme“Large IT hardware companies such as Dell and HP are participating directly under the scheme while other major players such as HPE, Lenovo,...
PLI for IT hardware 2.0 sees applications from 40 firms, proposed investment Rs 4.65 lk cr“Applicants will be shortlisted as per scheme guidelines within the approved outlay of Rs. 17000 crore,” a government official said Thursda...
Revised IT hardware PLI scheme: Govt gets 58 applicationsThe deadline for the revised PLI scheme was extended for the second time in July, after stakeholders sought more time to file the paperwork...
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...
Cabinet approves PLI-II for IT hardware with Rs 17,000 crore outlayThe cabinet approved the second phase of the production-linked incentive (PLI) scheme for IT hardware with a budgetary outlay of Rs 17,000 ...
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...
Dell, Wistron & Foxconn among companies okayed under PLI scheme for IT hardware: MeityThe PLI scheme for IT hardware, which was notified on March 3, 2021, provides an incentive of 1 to 4 per cent to eligible companies on net ...
PLI scheme | IT hardware industry seeks more benefits from govtBrands, from Apple to Xiaomi, can lose money if they manufacture in India, unless the government increases the incentives offered under the...