Union IT Minister Ashwini Vaishnaw said on Wednesday that 32 companies like HP, Dell, Lenovo, Foxconn, Acer, and Thomson, among others, have applied under the PLI 2.0 scheme for IT hardware. The expected incremental production under the scheme is around Rs 3.35 lakh crore, according to the minister.

Publication: Money Control

At the time, we had reached out to brands like Dell and Acer for comments, and they were confident in their ability to keep their supply chains running smoothly as they had manufacturing plants already set up in the country.

Publication: Digit

IBM was also one of the investors in the most recent $235 million series D funding round of AI startup Hugging Face. This was along with the leaders in the AI race such as Google, NVIDIA, AMD, Amazon, and others. IBM clearly knows where to put its money when it comes to developing AI such as the open source champion Hugging Face, and even partnering with Adobe for generative AI.

Publication: Analytics India Mag

TSMC, Bosch, Infineon Technologies, and NXP Semiconductors announced a plan to jointly invest in European Semiconductor Manufacturing Company (ESMC), in Dresden, Germany to provide advanced semiconductor manufacturing services. ESMC marks a significant step towards construction of a 300 mm fab to support the future capacity needs of the automotive and industrial sectors, with the final investment decision pending confirmation of the level of public funding for this project.

Publication: Financial Express

The partnership offers clear pathways to build rewarding careers that are available across ServiceNow’s fastgrowing network and supports Rise Up with ServiceNow, a global focus to skill one million people by the end of 2024.

Publication: Express Computer

Apart from showcasing its rich culture, varied crafts and diverse cuisine at the G20 summit, India will also display its progress in the digital sector, a senior official said on Wednesday while noting that experience panels will be created for delegates to experience how UPI payments are made and how India has been leading in digital payments.

Publication: Business World

The Centre must consider broadening the scope of the semiconductor policy to include modular chips or chiplet advance packaging, said Nimish Modi, senior vice president of Cadence Design Systems and Jaswinder Ahuja, the India managing director.

Publication: Live Mint

Thirty-eight companies have applied under the production linked incentive (PLI) scheme for locally assembling laptop, personal computer, server and tablet, said IT minister Ashwini Vaishnaw on Wednesday. However, Apple has not applied for the subsidy. Companies like HP, Dell, Lenovo, Thompson, Acer, and Asus will manufacture laptop, tablet and PCs while HPE, VVDN, Netweb and Lenovo will be manufacturing servers in the country by next year.

Publication: The New Indian Express

Curiously, it is the unheralded Sahasra Electronics that is poised to steal the march over more fancied outfits in rolling out India’s first chip.

Publication: Business Standard

In January 2023, OpenAI chief Sam Altman told a large audience in India that the country was not capable of building a ChatGPT. Eight months later, India’s Chandrayaan-3 made a perfect landing on the largely unexplored south pole of the Moon, putting India alongside the United States (US) and China in the exclusive club of nations with working lunar rovers.

Publication: Hindustan Times

The personal assistant provides customised support to sellers on Amazon.in and reduces their workload by simplifying time-consuming and complex steps such as registration, listing, advertising support amongst others, Amazon said.

Publication: The New Indian Express

In a move that took the biggest manufacturers of computers including Dell, HP and Apple by surprise, the government earlier this month announced that the imports of laptops, tablets and personal computers would restricted in a bid to push local manufacturing. The import of electronics products including small tablets, laptops and allin-one PCs would need a valid license after October 31.

Publication: Business Standard

These responses have led to the latest IT hardware PLI scheme. The big players HP, Dell, Acer, Asus and EMS players like Foxconn and Flex have all applied. Many of them might have shown renewed interest in the PLI because of the government’s new diktat that companies now need a licence to import laptops and PCs, which is seen by many as a way to prod or impel them to make in India.

Publication: Business Standard

Which companies have applied for the scheme? Apart from Asus, Dell, HP and Foxconn, other companies that have applied for the scheme include Lenovo, Acer, and Flex, which is said to be manufacturing Reliance’s JioBook laptop.

Publication: The Indian Express