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NEWS TAGGED PLI
Friday 21 March 2025
India's PLI scheme falls short of targets, prompting shift to factory subsidies
Since 2019, the Indian government has implemented the Production Linked Incentive (PLI) scheme for 14 industries to attract foreign investment in local manufacturing. Although it...
Friday 21 March 2025
India's subsidy struggles to attract PC manufacturers: weak local ecosystem and limited market demand
Two years after its launch, India's Production Linked Incentive (PLI) scheme for IT hardware 2.0 has struggled to gain traction, as major brands hesitate to increase production and...
Tuesday 11 March 2025
Foxconn receives US$800 million incentive in India as Tata expands
Foxconn's smartphone assembly plant in Karnataka, India, is set to receive a subsidy of INR69.7 billion (US$801 million) from the local government, marking the first such incentive...
Wednesday 15 January 2025
Lenovo to double smartphone and notebook production in India
Lenovo is set to more than double its smartphone and notebook production in India from 6.4 million in fiscal 2024 to over 12 million units in fiscal 2025, driven by the production-linked...
Thursday 9 January 2025
Foxconn and Dixon reportedly urge Indian government to deliver promised subsidies after meeting production targets
Foxconn and Dixon Technologies are seeking substantial subsidies under India's incentive scheme, highlighting potential hurdles in India's efforts to attract investments and build...
Tuesday 7 January 2025
India reportedly to announce US$3 billion incentive scheme to boost electronics manufacturing, benefitting Apple
Amid potential tariff hikes by the upcoming US administration, which may disrupt the global supply chain and once again benefit India, the Indian government reportedly plans another...
Wednesday 4 December 2024
India's EV manufacturing push sees policy updates amid low disbursements
India is eager to establish a robust local EV manufacturing ecosystem, driven by the growing adoption of low-carbon vehicles in global markets. However, official data reveals a lack...
Wednesday 23 October 2024
India-based VVDN expands into smartphone ODM following server and notebook manufacturing success
India-based electronics manufacturer VVDN, known for producing servers and notebooks for global brands, is now expanding into smartphone manufacturing. The company aims to develop...
Thursday 29 August 2024
Apple becomes India's largest blue-collar job creator
As Apple urges its suppliers to diversify production, especially by expanding into India, Apple and its suppliers have emerged as significant job creators in the country.
Tuesday 23 July 2024
iPhone production surge signals growing role in global supply chain, citing India 2024 economic survey
A day before India unveils its Union Budget for the current fiscal year, the country is seeing increasing value addition in the global supply chain, exemplified by the rising iPhone...
Wednesday 3 July 2024
Apple suppliers in India reportedly reach incentive requirements except for value addition
Thanks to the incentive policy for mobile phone manufacturing offered by the Indian government and a need to diversify production away from China, Apple suppliers reportedly met their...
Monday 1 July 2024
India gains ground in smartphone exports, boosted by iPhone manufacturers
India is narrowing the gap with China and Vietnam in smartphone exports, bolstered by iPhone manufacturers' efforts to establish the country as a significant hub for smartphone pro...
Wednesday 19 June 2024
Computer and automobile manufacturers urge India to reconsider anti-dumping duty on PCBs from China
India-based IT hardware companies and automakers are urging the Indian government to reconsider its anti-dumping duty on imported PCBs from China and Hong Kong, increasing their production...
Friday 15 March 2024
Indian PC vendors to meet production targets by fiscal 2023 under IT hardware PLI
Thanks to a more flexible version of India's incentive policy and an import management system that may restrict computer imports, PC and notebook vendors are reportedly increasing...
Tuesday 27 February 2024
Acer to expand made-in-India portfolio into home appliances
In addition to local production of computers, monitors, and servers, Acer said the company would expand after-sale services and foray into made-in-India home electronics as India...