HomeBusinessPLI 2.0 For IT...

PLI 2.0 For IT Hardware Sees Rs 10,000 Crore Production, 3,900 Jobs In Just 18 Months | Economy News

New Delhi: The production-linked incentive (PLI) 2.0 scheme for IT Hardware has seen Rs 10,000 crore production and 3,900 jobs in just 18 months of its launch, the government said on Saturday.  India’s electronics manufacturing sector has grown exponentially over the past decade, with total production increasing from Rs 2.4 lakh crore in 2014 to Rs 9.8 lakh crore in 2024.

Mobile manufacturing alone has reached Rs 4.4 lakh crore, with exports at Rs 1.5 lakh crore in 2024. About 98 per cent of the mobile phones used in India are now being manufactured in India with smartphones becoming the fourth largest export item from India, the statement said.

With the support of MeitY, Tamil Nadu has emerged as a powerhouse in electronics manufacturing, driving Rs 1.3 lakh crore production and 30 per cent of India’s exports.

In a groundbreaking development for India’s electronics manufacturing sector, the production of laptops has started in the country with Union Minister of Electronics and IT, Ashwini Vaishnaw, inaugurating Syrma SGS Technology’s state-of-the-art laptop assembly line on Friday.

The new assembly line will initially produce 100,000 laptops annually, with a scalable capacity of up to 1 million units within the next 1-2 years. Syrma SGS currently operates four manufacturing units in Chennai, with its Unit 3 now initiating laptop production, according to IT Ministry.

Syrma SGS has partnered with Micro-Star International (MSI), a leading Taiwanese technology company, to manufacture high-quality laptops in India, catering to both domestic and global markets.

Within a short span of 18 months of PLI 2.0, the first unit is now up and running in Tamil Nadu marking the beginning of “Made in India” laptops. The initiative, part of the PLI 2.0 scheme for IT Hardware, highlights India’s growing capabilities in high-value electronics production and reinforces the nation’s self-reliance in IT hardware, an official statement said.

The facility is projected to generate 150-200 specialised jobs in electronics manufacturing by FY26, making a substantial impact on both Tamil Nadu’s regional and India’s national economy. These roles are anticipated to have a ripple effect, shaping and enhancing the future workforce in the sector.

The laptops produced will meet international quality benchmarks, showcasing India’s evolving technical and manufacturing prowess, according to an official statement.

Source link

- A word from our sponsors -

spot_img

Most Popular

More from Author

- A word from our sponsors -

spot_img

Read Now

India’s Office Space Demand Set To Get A Boost As 85% Firms Eye Expansion In Two Years: Report | Real Estate News

Last Updated:September 13, 2025, 15:48 ISTIndia's office market is entering a defining decade, marked by both resilience and reinvention, according to CBRE India.Flex space operators continue to hold a significant share of India’s office leasing, consistently accounting for over 15% of annual absorption.Office space demand in India...

Recharge Naturally: Foods That Replenish Electrolytes Without Added Sugar | Food News

Last Updated:September 13, 2025, 18:43 ISTStay hydrated naturally with foods rich in electrolytes like bananas, coconut water, leafy greens, nuts, and yoghurt - no sugary drinks needed.Bananas, coconut water, and leafy greens replenish electrolytes naturally.When it comes to staying hydrated, water often takes the spotlight, but electrolytes...

Mystery company’s Wisconsin data center draws backlash

A car drives past a building of the Digital Realty Data Center in Ashburn, Virginia, March 17, 2025.  (REUTERS/Leah Millis) NEWYou can now listen to Fox News articles! Welcome to Fox News’ Artificial Intelligence newsletter with the latest AI technology advancements.IN TODAY'S NEWSLETTER:- Mystery...

Karen Pittman on Emmy nod and new season of “The Morning Show”

Karen Pittman on Emmy nod and new season of "The Morning Show" - CBS News ...

Price Cut Alert! Honda Scooters And Bikes Now Up to Rs 18,887 Cheaper – Full List | Auto News

New Delhi: Honda Motorcycles and Scooters India (HMSI) has welcomed the government’s 2025 GST reforms. The company has decided to pass on the full GST benefit to its customers. From September 22, 2025, Honda bikes and scooters will get price cuts of up to Rs 18,887.  Thanks to...

NASA’s Mars rover uncovers strongest hints yet of potential signs of ancient life

NASA's Mars rover Perseverance has uncovered rocks in a dry river channel that may hold potential signs of ancient microscopic life, scientists reported Wednesday.They stressed that in-depth analysis is needed of the sample gathered there by Perseverance — ideally in labs on Earth...

‘The Man in My Basement’ director breaks silence ahead of film drop

When the psychological thriller The Man in My Basement, starring Willem Dafoe and Corey Hawkins, hits theatres on...

Pharma giant ditches £1bn London research hub and says UK ‘is not internationally competitive’

Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines...

From bars to yoghurt and coffee: How to get more protein for less

Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines...