- HP, with a 30% market share in India’s PC sector, applies to participate in the PLI 2.0 scheme, aiming to broaden manufacturing operations to include consumer PCs.
- This follows HP’s previous ventures in the manufacturing of laptops, desktops, and workstations in India.
- The PLI 2.0 scheme, with a budget outlay of Rs 17,000 crore, aims to catalyze IT hardware manufacturing in India, though concerns emerge over domestic manufacturing ecosystem readiness and potential price hikes.