VVDN TECHNOLOGIES

Most IT hardware PLI scheme participants, including major players like Dell and HP, are set to commence production this year, according to a Ministry of Electronics and IT official. 17 out of 27 selected companies are expected to begin production, w...

"HPE's plan to manufacture servers in India aligns with its broader objective of supply chain diversification and resiliency. The company is actively exploring opportunities to deepen localisation by leveraging VVDN's backward integration capability...

The 3QFY24 performance was characterized by a strong revenue growth, but margins were adversely impacted by a change in product mix for multiple players and other company-specific business adjustments/ investments to sustain strong growth for the lo...

Secretary of MeitY makes this announcement at the launch of the country's first designed-in-India education tablet with BharatGPT virtual assistant.

Mahant claimed that the company is one of the fastest growing startups in the IT hardware sector whose valuation has already crossed Rs 500 crore.

"We estimate Avalon will deliver a CAGR of 22%/25%/42% in revenue/EBITDA/Adj. PAT over FY23-26 on the back of strong order inflows. In case of Kaynes, we estimate a CAGR of 41%/46%/56% in revenue/EBITDA/Adj. PAT over FY23-FY26, driven by a healthy o...

The government on Saturday approved the proposals of Dell, HP India, Flextronics India, VVDN Technologies, Netweb Technologies, Lenovo, and 21 others for manufacturing of IT hardware under the second phase of the production linked incentive scheme.

The ministry of electronics and information technology may send a confirmation to these companies and make the announcement over the next few days, according to sources aware of the developments.

As a part of its collaboration with these electronic manufacturing services (EMS) and original design manufacturers (ODM), Intel will share its expertise with these eight companies to facilitate the production of entry-level laptops in India.

“Large IT hardware companies such as Dell and HP are participating directly under the scheme while other major players such as HPE, Lenovo, Acer, ASUS (and) Thomson participating through EMS (electronic manufacturing services) companies — Flextronic...

The revised production-linked incentive (PLI) scheme for IT hardware has received a positive response from 38 companies, including global giants HP, Dell, Lenovo, and Foxconn, as well as local manufacturer Dixon Technologies. These companies have pr...

The government decision to curb imports of laptops, tablets and PCs, along with Rs 17,000-crore IT hardware PLI, will create multi-billion dollar local production capacity and import dependency will nosedive in the next 2-3 years, industry players s...

The California, US-based company is looking at India as a top manufacturing base for supplying to three buckets of hardware products–laptops, data centres and servers - and electronics connected to internet of things (IoT).

The company has signed a memorandum of understanding with VVDN Technologies which will manufacture HPE’s products from its Manesar plant in Haryana.

Top wearables brands such as Boat and Gizmore are making most products locally in key categories audio and smartwatch through electronics contract manufacturers such as Dixon Technologies and Optiemus Electronics, several industry executives ET spok...

The task force will be chaired by additional secretary (MeitY), Bhuvnesh Kumar with joint secretary (electronics), Amitesh Kumar Sinha as the member convenor. While the circular does not go into the details of the mission, it says the task force wil...

The proposed combination relates to acquisition of shareholding by the Kotak Special Situations Fund (KSSF) and Kotak Pre-IPO Opportunities Fund (KPIOF) through a combination of secondary share purchases of equity shares and subscription to compulso...

"We have taken a big step towards the development of indigenous 5G technology with the involvement of Indian partners for addressing the needs of the country and exploring tapping the export market," C-DoT executive director Rajkumar Upadhyay said i...

The companies selected for the PLI scheme include Nokia India, HFCL, Dixon Technologies, Flextronics, Foxconn, Coral Telecom, VVDN Technologies, Akashastha Technologies, and GS India.