PLI scheme: Govt grants approvals to 27 firms under new IT hardware PLI scheme
The government on Saturday approved the proposals of Dell, HP India, Flextronics India, VVDN Technologies, Netweb Technologies, Lenovo, and 21 others for manufacturing of IT hardware under the second phase of the production linked incentive scheme. These 27 companies have in total submitted proposals for investment of Rs 3000 crore over the next five years, with an incremental production value expected to be around Rs 3.5 lakh crore, Union electronics and information technology minister Ashwini Vaishnaw said. Elevate Your…