Dell, HP and Apple supplier Foxconn apply to make laptops in India under US$2.1 billion incentive plan
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Summary
Major tech companies Dell, HP, and Apple supplier Foxconn are set to manufacture laptops in India as part of a lucrative incentive plan valued at under $2.1 billion. The Indian government's scheme aims to bolster local production and boost the country's position in the global electronics market. By shifting laptop manufacturing to India, these industry giants are not only taking advantage of the financial incentives but also contributing to the nation's growing tech ecosystem. This strategic move aligns with India's vision to become a manufacturing hub and signals a shift in global electronics production trends.
South China Morning Post
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