Make In India Push: India Grants Incentives For Dell, HP, Foxconn To Make IT Hardware Locally
Saturday, 18 November 2023 The country is offering cash-backs to manufacturers on sales of locally made goods that exceed an annual target. The scheme is key to India's ambitions to become a powerhouse in the global electronics supply chain, with the country targeting an annual output worth $300 billion by 2026.
27 companies, including global Dell, HP, Foxconn, and Lenovo, and local Optiemus, Padget, and VVDN, have been granted approval under the upgraded Rs 17,000 crore... IndiaTimes
The Indian government has approved investments worth 30 billion Indian rupees ($360.4 million) in the IT hardware sector under its flagship manufacturing... IndiaTimes
Saturday, 18 November 2023
