Laptop company Primebook grabs 3% market share in first yearMahant claimed that the company is one of the fastest growing startups in the IT hardware sector whose valuation has already crossed Rs 500...
18 Dec, 2023, 06.00 AM IST
2023 Year in Review: India was vocal for local manufacturingThe government saw some large deals being finalised with companies across the globe in lucrative industries such as electronics, automobile...
15 Dec, 2023, 01.26 PM IST
Govt grants approvals to 27 firms including Dell, Foxconn under new IT hardware PLI schemeThe Indian government has approved 27 firms, including Dell, Foxconn, HP, and Lenovo, under a new IT hardware scheme. Around 30 out of 40 a...
18 Nov, 2023, 05.40 PM IST
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...
10 Nov, 2023, 06.00 AM IST
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,...
31 Aug, 2023, 11.46 PM IST
Intel sees an opening in India’s fast rise as manufacturing hub: India sales head Santhosh ViswanathanThe California, US-based company is looking at India as a top manufacturing base for supplying to three buckets of hardware products–laptop...
28 Jul, 2023, 06.00 AM IST
Mojocare board to discuss audit report, may shutter; more startups join fight against Google’s billing policyIt’s a bleak prognosis for healthcare startup Mojocare. The company’s board may delve deeper into the forensic audit report this month, and...
05 Jul, 2023, 07.49 AM IST
C-DoT, VVDN Tech, WiSig Networks sign pact to jointly develop 5G solution"We have taken a big step towards the development of indigenous 5G technology with the involvement of Indian partners for addressing the ne...
03 Jun, 2022, 01.29 AM IST
IT hardware PLI: Only 2-3 of 14 firms likely to meet first-year targetsSome companies blamed inadequate sops under the scheme while others pointed to the continuing global supply chain issues and chip shortages...
30 Mar, 2022, 04.23 AM IST
Govt shortlists 33 cos to benefit from Rs 12,000-crore telecom incentivesThe winners who would be notified soon have committed Rs 3,455 crore as proposed investments. Applications of Tech Mahindra, Sterlite Techn...
06 Sep, 2021, 10.02 AM IST
33 cos set to make cut for Rs 12,000 cr telecom incentivesThe government has shortlisted 33 companies that would be awarded benefits under the Rs 12,195-crore production-linked-incentive (PLI) sche...
06 Sep, 2021, 08.26 AM IST
Proposals for local telecom gear production exceed government’s targetThe amount of actual proposed investment will become clearer by the end of this week or next once Small Industries Development Bank of Indi...
13 Jul, 2021, 08.39 AM IST
Companies commit over Rs 200 crore to expand IT hardware units under PLI planDixon, the largest Indian electronics products manufacturer, is setting up its 13th factory in Noida for laptops and tablets, which is expe...
12 Jul, 2021, 09.50 AM IST
IT hardware makers seek higher sops under PLI scheme to be globally competitiveIndia Cellular and Electronics Association of India (ICEA), which represents the likes of HP, Dell, Lenovo, Acer and contract manufacturers...
06 Jul, 2021, 04.10 PM IST
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 ...
02 Jul, 2021, 08.06 AM IST
Setback for PLI scheme on IT hardware as peeved manufacturers cut investment commitmentsManufacturers are piqued over the low incentive structure of the scheme which offers only 1%-4% reward and does not compensate for the disa...
20 May, 2021, 06.55 PM IST
Foxconn, Wistron, Dell, 16 other cos apply for investments under PLI scheme for IT hardwareOut of the total production, IT hardware companies have proposed production worth over Rs 1.35 lakh crore, and domestic companies have prop...
04 May, 2021, 03.43 PM IST