Two billion reasons: Dell, HP, Acer, Asus, and Lenovo will make laptops, desktops and...

[DragonSlayer101]

What just happened? The Indian government's push to bring more manufacturing jobs to the country has received a big boost with a slew of global PC brands expressing their interest in manufacturing laptops, tablets, all-in-one PCs, servers and ultra-small form factor devices in the South Asian nation.

In a press release, the Indian Ministry of Electronics and IT said the applications of 27 PC makers have been approved under a new production-linked incentive (PLI) scheme that will see the government dispense around $2 billion over six years to participating companies. Some of the better-known brands whose applications were approved include Acer, Asus, Dell, HP, Lenovo, and Foxconn, among others.

The Indian government claims that PLI 2.0 will provide a sizable boost to the Indian economy by creating up to 200,000 jobs and generating $360 million in inbound investment. The press release also claimed that the total value of manufactured hardware under the initiative would amount to $42 billion.

Addressing the national media, IT minister Ashwini Vaishnaw claimed that "23 out of 27 approved applicants are ready to start manufacturing on day zero," which suggests India could take its first steps towards becoming a PC manufacturing hub sooner rather than later.

The news comes several weeks after the Indian media reported that the government received 38 applications, including from global PC makers like Dell, HP, Foxconn, Asus, Acer, and Flex, to manufacture laptops in the country as part of the PLI 2.0 scheme for IT hardware. To be eligible to receive the money, they will have to set up manufacturing facilities within India and ship a stipulated volume of products every year. Notably, Apple and Samsung did not apply to be part of the new scheme.

PLI 2.0 is devised on the success of a similar scheme for mobile phones that has seen several foreign device makers set up manufacturing facilities in the country. According to a recent report by Counterpoint Research, India is now the second largest mobile manufacturer in the world after China, thanks largely to companies like Apple, Xiaomi, Samsung, BBK Electronics and others producing smartphones as part of the government's 'Make in India' initiative.

Permalink to story.

https://www.techspot.com/news/100902-india-welcomes-global-pc-giants-2-billion-incentive.html

 

[GodisanAtheist]

Makes sense for India to try to grab a big slice of that "friendshoring" pie as the US tries to disentangle itself from Chinese manufacturing.

China basically laid out the blue-print for India on how to build up and capture a desire for cheaply manufactured products, they just have to actually take it.

 

[p51d007]

In the 60's, manufacturers moved to Japan...CHEAP labor.
Then, Japanese people started demanding more money.
In the 80's, manufacturers started moving to South Korea...CHEAP labor.
Then, the Korean people started demanding more money.
In the 90-2000's, manufacturers moved to China...CHEAP labor.
OH! Perfect! The Chinese people cannot demand more money, but
the spying, stealing and other aspects of the CCP is causing manufacturers
to move to India...CHEAP labor.

Wash, rinse, repeat.

 

[RudyBob]

I'd pay more if they were made in the USA. My country needs this money. My neighbor needs a job.

 

[amghwk]

This will further widen the rift between India and China.

 

[amghwk]

In the 60's, manufacturers moved to Japan...CHEAP labor.
Then, Japanese people started demanding more money.
In the 80's, manufacturers started moving to South Korea...CHEAP labor.
Then, the Korean people started demanding more money.
In the 90-2000's, manufacturers moved to China...CHEAP labor.
OH! Perfect! The Chinese people cannot demand more money, but
the spying, stealing and other aspects of the CCP is causing manufacturers
to move to India...CHEAP labor.

Wash, rinse, repeat.

During the late 80's and early 90's, Taiwan made lots of IBM PC clones. My XT and 286 clones were from Taiwan. And they were surprisingly robust.

 

[toooooot]

During the late 80's and early 90's, Taiwan made lots of IBM PC clones. My XT and 286 clones were from Taiwan. And they were surprisingly robust.

It is amazing how small countries without a lot of resources and things from their land to sell still manage to build some of the best places on earth.
It only proves that every country can be happy peaceful and prosperous.

 

[BuckarooBonzaii]

Hopefully quality will be better? Only time will tell.

 

[loki1944]

It is amazing how small countries without a lot of resources and things from their land to sell still manage to build some of the best places on earth.
It only proves that every country can be happy peaceful and prosperous.

you need to see more of the world

 

[toooooot]

you need to see more of the world

I did not catch the main idea.

 

[OortCloud]

While it's better than manufacturing in China, Modi has been purchasing huge amounts of cheap Russian Oil and so along with China (no surprise there, one amoral dictator propping up another) keeping the Russian economy afloat.

 

[VaRmeNsI]

While it's better than manufacturing in China, Modi has been purchasing huge amounts of cheap Russian Oil and so along with China (no surprise there, one amoral dictator propping up another) keeping the Russian economy afloat.

The "current thing" isn't as popular in not libtard countries.

 

[d5aqoep]

While it's better than manufacturing in China, Modi has been purchasing huge amounts of cheap Russian Oil and so along with China (no surprise there, one amoral dictator propping up another) keeping the Russian economy afloat.

Rubbish. Modi was elected by public with clear majority 2 times with fair and free elections. How tf is that a dictatorship? Do you guys even realize what a dictatorship is? India doesn’t give a flying F about Ukraine who has repeatedly insulted the whole country with offensive tweets and lies. We take oil from whoever offers it the cheapest. Hypocrite west can go lecture someone else LMAO

 

[OortCloud]

Rubbish. Modi was elected by public with clear majority 2 times with fair and free elections. How tf is that a dictatorship? Do you guys even realize what a dictatorship is? India doesn’t give a flying F about Ukraine who has repeatedly insulted the whole country with offensive tweets and lies. We take oil from whoever offers it the cheapest. Hypocrite west can go lecture someone else LMAO

I never said India was a dictatorship, try reading properly next time or do they not pay you to read in the misinformation bureau, just spout nonsense?

 

[mailpup]

Back on topic please. Thank you.

 

[slybunda]

Can see this going wrong in 10 years time