Output may be worth ₹1.6 lakh crore
Apple’s contract manufacturers Foxconn and Wistron, computer firm Dell and domestic company Lava are among the 19 companies that have applied for investments under the production-linked incentive scheme for IT hardware manufacturing, the Ministry of Electronics and IT said.
According to the Ministry, the scheme is expected to lead to total production worth about ₹1.6 lakh crore.
Out of the total production, IT hardware companies have proposed production worth more than ₹1.35 lakh crore, and domestic companies have proposed production to the tune of more than ₹25,000 crore, Meity said in a statement.
“The electronics hardware manufacturing companies that have applied under category IT hardware companies are Dell, ICT (Wistron), Flextronics, Rising Stars Hi-Tech (Foxconn) and Lava,” Meity said. Fourteen other companies have also filed applications.
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