Companies commit over Rs. 200 crore to expand IT hardware units under PLI plan

Homegrown electronics makers such as Dixon Technologies, Infopower Technologies, VVDN and Bhagwati Products (Micromax) have committed more than Rs. 200 crore to expand IT hardware manufacturing capacity under the government’s production-linked incentive (PLI) scheme.

The Rs. 7,350-crore incentive scheme – notified in March - stretches over a four-year period from April 2021 to March 2025.

ET