23 Companies Will Start Manufacturing Laptops in India After Government’s Threat on Import Restrictions

After smartphones, the laptop production in India will now get a huge boost

Highlights
  • Laptop makers are now gearing up to locally manufacture computer devices in India.
  • A total of 23 companies are ready to start operations in local production.
  • These companies will benefit from India’s upgraded PLI scheme worth Rs 17,000 crores.
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Not long ago, the Government of India imposed restrictions on the import of laptops and tablets. The motive was to push companies towards local manufacturing, as the majority of laptops sold in India are imported from overseas.

However, the government temporarily eased these restrictions to avoid a sudden shortage of computer devices in the country. Laptop companies on the other hand have clearly received the message, as over 23 companies will now immediately start manufacturing computers and other hardware in India.

Companies Line Up to Manufacture Laptops in India Under PLI Scheme

Ashwini Vaishnaw, Minister For Electronics and IT in India, said that 27 companies have been approved under India’s performance-linked incentive (PLI) scheme. These companies will manufacture laptops, computers, servers, and other hardware equipment in the country.

Out of these 27 companies, 23 are ready to start production from day zero. These businesses will invest over Rs 3000 crores in their manufacturing projects and will benefit from the upgraded PLI scheme of the government worth Rs 17,000 crores.

Here’s the list of companies ready to start the local production of laptops in India:

  1. Dell
  2. HP
  3. Lenovo
  4. Acer
  5. ASUS
  6. Thomson
  7. Foxconn
  8. ICT Service Management Solutions
  9. Rising Stars Hi-Tech
  10. Flextronics Technologies India
  11. Lava International
  12. Dixon Technologies
  13. Infopower Technologies
  14. Bhagwati Products
  15. Neolync Tele Communications
  16. Optiemus Electronics
  17. Netweb Technologies India
  18. Smile Electronics
  19. VVDN Technologies
  20. Panache Digilife
  21. Syrma
  22. Sahasra
  23. Keynes Tech

The list contains a lot of Indian companies, which will manufacture devices and equipment for global computer brands. It’s a win-win situation for both parties as local players gain technical expertise in computer production, while foreign brands benefit from incentives and tax savings from the Government of India.

Recently, France-based Thomson Computing announced a new partnership with India’s Sahasra Group to manufacture laptops and tablets in India. This duo will focus on making laptops in the affordable segment with prices around Rs 25,000.

India’s PC Market Witnessing Tremendous Growth

government imposes restrctions on import of computers and tablets

Research Firm IDC reported that India witnessed record-breaking computer sales in Q3 2023. A total of 4.5 million computers were sold in the recent quarter, the highest ever in the region.

The Indian PC market mainly consists of five players: HP, Lenovo, Dell, ASUS, and Acer. These companies account for 85% market share in computer and laptop sales in the country.

All five companies are now ready to locally manufacture laptops in India. This indicates that in the upcoming years, the majority of the laptop units sold in the country will be sourced locally.

It is worth noting that India has already succeded in this model in the smartphone market. Companies like Apple and Xiaomi manufacture most of their products locally in the country. For reference, the latest iPhone 15 and the iPhone 15 Plus are manufactured at Foxconn’s facility in Tamil Nadu. Apple also exports these units overseas in global markets.

The local production of laptops will also help to bring down the cost of individual units, making them more affordable. This will make laptops and computers more accessible to users, just like how we saw with the rise of affordable smartphones.