Published in PC Hardware

India spends $2.1 billion to lure laptop makers

by on18 May 2023


You don't need China 

India has put $2.1 billion on the table to attract makers of laptops, tablets and other hardware to the South Asian nation as companies look to diversify supply chains beyond China.

Prime Minister Narendra Modi is capitalizing on the early success of Apple's local assembly operations -- which have helped the US company produce about seven per cent of its global iPhone output -- to pitch the country as a viable global manufacturing hub.

New Delhi wants to bring more tech production to India after China's trade war with the US and its strict Covid policies prompted companies to weigh other options. Apple has yet to begin making iPads or MacBook laptops in India, but fresh incentives could push the Cupertino, California-based company to consider such moves.

Other manufacturers who could take advantage of the new measures include Dell, HP and Asustek Computer.

Last modified on 18 May 2023
Rate this item
(2 votes)

Read more about: