
India has taken a major leap in electronics manufacturing with the inauguration of Syrma SGS Technology’s laptop assembly line at the Madras Export Processing Zone, Chennai, by Union Minister Ashwini Vaishnaw. This marks a pivotal extension of India’s “Make in India” journey from smartphones to IT hardware.
The facility will initially produce 100,000 laptops annually, scalable to one million within two years. Built under the PLI 2.0 scheme for IT Hardware, it showcases India’s growing capabilities in high-value electronics. Partnering with Taiwan’s MSI, Syrma SGS will manufacture world-class laptops for domestic and global markets, creating up to 200 specialized jobs by FY26.
Minister Vaishnaw emphasized developing an electronic component ecosystem to drive Atmanirbhar Bharat. The laptops will meet international standards, boosting India’s reputation for quality manufacturing.
India’s electronics output has surged from ₹2.4 lakh crore in 2014 to ₹9.8 lakh crore in 2024, with mobile phones alone contributing ₹4.4 lakh crore, making them India’s fourth-largest export.
Tamil Nadu plays a central role, housing 47 approved units under PLI 2.0, and contributing 30% of India’s electronics exports. With clusters, incentives, and global partnerships, the state underpins India’s rise as a hub for IT hardware and electronics.
A Bright Future for laptop manufacturing Manufacturing
The inauguration of Syrma SGS’s laptop assembly line marks a new chapter in India’s electronics journey, paving the way for reduced dependency on imports, enhanced employment opportunities, and world-class manufacturing capabilities. As the facility ramps up production, India is poised to become a global leader in IT hardware manufacturing.
Status of PLI 2.0 for IT Hardware
The Production Linked Incentive (PLI) 2.0 for IT Hardware, launched on May 29, 2023, aims to further strengthen India’s electronics manufacturing ecosystem by offering a 5% incentive to eligible companies.
The scheme covers products like laptops, tablets, all-in-one PCs, servers, and ultra-small form factor devices. With a projected investment of ₹3,000 crore, PLI 2.0 is expected to drive production worth ₹3.5 lakh crore and generate 47,000 jobs across the country.
The scheme has already achieved remarkable progress, with total investments of ₹520 crore, production worth ₹10,000 crore, and has generated 3,900 jobs (As on Dec 2024).
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.