New Delhi, April 22 -- India is rapidly positioning itself as a global hub for laptop manufacturing, attracting major international brands to shift production from China.

This transition is largely driven by the Indian government's Rs 17,000 crore Production-Linked Incentive (PLI) scheme, which offers financial incentives to boost domestic manufacturing.

The PLI scheme, launched in May 2023, provides an average incentive of 5% on net incremental sales of domestically produced IT hardware.

It also emphasises increasing the use of local components to maximise benefits.As of December 2024, the initiative has attracted Rs 520 crore in investments, resulting in Rs 10,000 crore worth of production and the creation of approximately 3,900 jobs...