Bhagwati Products in talks with top IT hardware brands for manufacturing, to invest additional Rs 10 cr
India’s leading electronics contract manufacturer Bhagwati Products, which is the first domestic company to benefit from the government’s Production-Linked Incentive (PLI) Scheme for IT hardware, is in talks with the top four IT hardware brands in the country.
Under the PLI scheme, Bhagwati is currently manufacturing laptops and tablets for Acer and Realme, along with a few smaller brands. Bhagwati qualified incremental sales thresholds and investment criteria, as per the scheme’s requirements and bagged Rs 5.30 crore disbursement by the Ministry of Electronics and Information Technology for 2021-22.