Hyderabad: Faridabad-based Netweb Technologies, a server manufacturer, which has been selected amongst 14 applicants under the PLI scheme for the manufacturing of IT hardware products, is looking to manufacture motherboards and other hardware products in India. To support its R&D further, the company will set up an innovation lab in Hyderabad in the next 2-3 […]
To promote exports of textiles products, RSWM Ltd Chairman and MD Riju Jhunjhunwala suggested the government to come up with an export scheme like DEPB (duty entitlement passbook scheme) in different forms.
The government introduced the PLI scheme to encourage an incentive-led model for manufacturing, attracting advanced technologies, bringing in economies of scale and meeting quality standards.
In a statement, ICEA that represents mobile and component manufacturers such as Apple, Motorola, Nokia, Foxconn, Wistron, Flextronics, Lava, Vivo and others, said that it would promote newer and niche cell technologies in the country.
We believe that government interference in everything creates more problems rather than solutions. That is why we are emphasising on self-regulation, self-attesting, self-certification, he said.
