Govt clears Rs 7,350 crore PLI (Production Linked Incentive) booster for manufacturing laptops, tablets, PCs etc…
To nudge global and domestic powers to tap India’s manufacturing prowess
Also to bolster the electronics ecosystem in India
Home-bound work and learning led to a surge in demand for laptops and PCs
Govt estimates production worth Rs 3.26 Lakh crore and exports of Rs 2.45 Lakh crores
The scheme intends to position India as a global hub for hardware manufacturing
The market for IT hardware is dominated by 6-7 companies globally
These companies control about 70% of the world’s IT hardware market share
