The trade war between China and the United States is in full swing. Both countries are striving to outdo each other, particularly in the area of technology development and manufacturing. However, this competition and the resulting tension are paving the way for another rising star: India. Especially since the Covid-19 pandemic, India has become a global production hub, attracting increasing attention from various companies. Most recently, India announced that Dell, HP, and 32 other companies have applied to manufacture laptops locally. Here are the details…
India Emerging as Laptop Manufacturing Hub as Dell, HP, and Others Apply to Make Locally
The production of technology in India is increasing every day. We previously mentioned how smartphone production in the country grew 14 times in 8 years thanks to Make in India initiative. Now, according to a recent announcement, at least 32 international electronics companies have applied to India’s incentive program to manufacture laptops in the country. Notably, this list of producers includes major brands like Dell, Asus, HP, and Lenovo.
If there are those who do not know, “Make in India” is a program initiated by the Indian Government to encourage companies to design, manufacture, and assemble their products within India. This program also aims to attract investments specifically into the manufacturing sector. Launched by Prime Minister Narendra Modi in September 2014, the initiative has primarily focused on smartphones and other electronic products.
Earlier this month, the Indian Government announced new licensing requirements for the import of laptops, tablets, and personal computers. Naturally, tech companies already eager to manufacture in India jumped at this opportunity. According to initial reports, 32 of the world’s largest laptop manufacturers have applied to take advantage of local production incentives. The minister stated that this move is expected to attract an incremental investment of 24.3 billion rupees (approximately $294.24 million) and is likely to generate 75,000 direct jobs.
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