Union Minister of Electronics and Information Technology, Ashwini Vaishnaw, inaugurated a new laptop assembly line by Syrma SGS Technology in Chennai. This facility is located in the Madras Export Processing Zone (MEPZ) and is a significant step in India's 'Make in India' initiative, expanding from mobile phones to IT hardware manufacturing.
The assembly line will initially produce 100,000 laptops annually, with plans to scale up to 1 million units in the next 1-2 years. Syrma SGS has partnered with Micro-Star International (MSI), a Taiwanese technology company, to manufacture high-quality laptops for both domestic and global markets.
The facility is expected to create 150-200 specialized jobs by FY26, contributing to both Tamil Nadu's and India's economy. The laptops will meet international quality standards, showcasing India's growing technical and manufacturing capabilities.
India's electronics manufacturing sector has seen significant growth, with production increasing from Rs 2.4 lakh crore in 2014 to Rs 9.8 lakh crore in 2024. Tamil Nadu plays a crucial role, contributing around 30% of India's electronics exports.
The Production Linked Incentive (PLI) 2.0 scheme for IT Hardware, launched in May 2023, aims to boost India's electronics manufacturing ecosystem. It offers a 5% incentive to eligible companies and covers products like laptops and tablets. The scheme is projected to drive production worth Rs 3.5 lakh crore and generate 47,000 jobs nationwide.
Ashwini Vaishnaw is a Union Minister in India. He is responsible for various government departments, including technology and communications.
Syrma SGS Technology is a company in India that makes electronic products. They have started a new line to assemble laptops in Chennai.
Chennai is a big city in the southern part of India. It is the capital of the state of Tamil Nadu.
'Make in India' is a program started by the Indian government to encourage companies to make their products in India. It aims to boost manufacturing and create jobs in the country.
MSI is a company that makes computers and computer parts. They are partnering with Syrma SGS Technology to help make laptops in India.
FY26 stands for the financial year 2026. It is a way to talk about the time period from April 2025 to March 2026.
PLI 2.0 scheme is a government program in India. It stands for Production Linked Incentive, which gives benefits to companies that increase their production in India.
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