The panel will create a roadmap to ensure significant investments for the creation of a globally competitive IT hardware component, parts, and design ecosystem in India
These companies are now likely to bump up total production of over Rs 1.61 lakh crore, and generate direct employment opportunities for over 36,000 people
Foxconn said the extension granted for achieving manufacturing targets under the production-linked incentive (PLI) scheme will help the company to accelerate its business and qualify for receiving incentives
Apart from Foxconn, Wistron and Dell domestic mobile manufacturers including Lava are among the 19 companies that have applied for investments under the scheme for IT hardware manufacturing
The mobile manufacturers have invested over Rs 1,300 crore and produced goods worth around Rs 35,000 crore in the 2020 December quarter
Linksys, a subsidiary of Foxconn Interconnect Technology and cybersecurity firm Fortinet announced a strategic alliance with the intent to focus on the security of home networks.