HP is strengthening its personal computer manufacturing operations in India under the government’s Production Linked Incentive scheme for IT hardware. With the rollout of PLI 2.0, the company plans to increase the production of laptops, desktops, and all-in-one PCs in the country.
By making use of the financial incentives offered under the scheme, HP aims to raise the share of locally manufactured PCs sold in India. At present, this figure stands at about 13 per cent, but the company is targeting an increase to nearly one third by the year 2031.
The Production Linked Incentive scheme is designed to reward manufacturers that expand production within India, helping the country strengthen its position as a global hub for electronics manufacturing. HP’s expansion plan is expected to play a major role in this vision.
The company’s strategy also includes forming new partnerships, such as its tie-up with Dixon Technologies, and investing in advanced manufacturing facilities. These efforts are not only expected to boost local production but also create new employment opportunities and provide support for the broader IT hardware ecosystem across the country.
With these steps, HP is positioning itself to contribute significantly to India’s long-term ambition of becoming a leading player in global electronics production while ensuring that more devices sold in the country are made locally.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter |The Mainstream formerly known as CIO News Whatsapp Channel | The Mainstream formerly known as CIO News Instagram
About us:
The Mainstream formerly known as CIO News is a premier platform dedicated to delivering latest news, updates, and insights from the tech industry. With its strong foundation of intellectual property and thought leadership, the platform is well-positioned to stay ahead of the curve and lead conversations about how technology shapes our world. From its early days as CIO News to its rebranding as The Mainstream on November 28, 2024, it has been expanding its global reach, targeting key markets in the Middle East & Africa, ASEAN, the USA, and the UK. The Mainstream is a vision to put technology at the center of every conversation, inspiring professionals and organizations to embrace the future of tech.