India to produce coveted MacBook and I-Pad after the success of I-phones

The borad based Production Linked Incentive (PLI) scheme for IT Hardware Industry will be raided to nearly Rs. 20,000 crore

[{"selector":"#anim-eae32e34-5d13-49ad-9138-28647cef712b","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-12b6aee0-e677-4d29-a26e-d9cfde59597f","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-5f204584-18f6-490c-8f28-9ce54b486c5e","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-bdf45937-3c6a-47dc-aec5-cee39563d43b","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

The existing outlay of Rs. 7,350 crore which failed to recieve much response from the industry

[{"selector":"#anim-3873f9c6-03af-4462-bfa6-7b29e08c3833","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d7d4330f-536c-48d2-9faf-828357313d8a","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-59ab6aff-fd3e-42f7-b66c-0b446fb62d13","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-82fa7164-7636-4d1c-a72d-3d17cbf3ea54","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

While India looks to be Apples's manufacturing eco-system to grow as they look at a China plus one strategy

[{"selector":"#anim-bed22dd7-f716-4d15-912f-5bdc3b8e74b7","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-8c790541-8fce-4b18-bd26-bdfa8284d41f","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-a273279e-5269-47fd-86f0-d0e8b273197b","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3c8dd69d-901b-433a-862f-0a3719596c31","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Foxconn, Wistron and Pegatron are making smart phones worth billions in the country

[{"selector":"#anim-c0a25f95-0217-4225-b027-ba1e9f90708a","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-def12e89-9965-49e9-ad0b-0b94da9a57ca","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-a7aa7a4c-a0a3-4611-930a-4f7c198a6857","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-e4126bea-92ce-4749-b8ca-8e657e4f000c","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Top sources at the IT Ministry say that the next step is to get the production of MacBook and other products in India

[{"selector":"#anim-a4ecac3f-bb2c-495c-b411-2b67c3daeee0","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ea01858a-a2fb-4af0-adb3-892c3d06d7bc","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-ad19cf0f-3b70-489d-9080-8459d843015b","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-4860c001-1e21-4eb0-b1fe-84f0523eca32","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

With an average of 5% incentive for manufacturers, laptops which are already at a 0% import duty, might boost investment in the sector

[{"selector":"#anim-26924ea1-bfea-4390-bd6f-9381a3606047","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-86b6e394-07fb-437b-968e-abffdedb0d6f","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-7586d1e0-089a-421d-9ffc-5356939be765","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-bf893592-ce80-4455-b50b-f325aca8effb","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

This will be a destination for atleast 5 global manufacturers and 10 Indian IT firms

[{"selector":"#anim-2d8434a4-8153-402a-8661-5ad9fa819f42","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-2aa93a1b-5889-45b0-9c3c-da2b40e5beb5","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b8777d75-e0c6-417b-a094-e822f8ce1827","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-893f853f-eac1-4aa9-af8f-72e83e1f7eab","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]