“From planes to chips to laptops, India is building manufacturing ecosystem”, MSN, October 30, 2024:
“Bharat wants to boost domestic manufacturing of IT hardware products like laptops, tablets and servers. The government is likely to offer some concessions in import quotas to electronic hardware manufacturing companies that can step up domestic production under the production-linked incentive (PLI) scheme for information technology (IT) hardware, people with knowledge of the matter have told ET. The government first imposed import restrictions on laptops, tablets, all-in-one personal computers, ultra-small form factor computers and servers on August 3, 2023.
The government is also targeting 80% local value addition in IT gear in 5-10 years. Not just IT hardware, Bharat is trying to manufacture many other goods domestically.
Yesterday, Prime Minister Narendra Modi inaugurated the TATA Advanced Systems Limited (TASL) Campus in Vadodara which will manufacture C-295 defence transport aircraft in collaboration with Airbus, the first private sector final assembly line for military aircraft in Bharat. Under the C-295 programme, 16 aircraft will be delivered directly by Airbus from Spain and remaining 40 will be made in Bharat. TASL is responsible for making these 40 aircrafts in India in partnership with Airbus……”
Read the full article at MSN.com
