Dell, HP, Foxconn and others to get subsidies to make IT hardware in India

Close-Up of a Female Electronics Factory Worker in Blue Work Coat Assembling Laptop

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India will provide subsidies to 27 tech companies, including Dell (NYSE:DELL), HP (NYSE:HPQ), Lenovo (OTCPK:LNVGY), Foxconn (OTCPK:FXCOF), Asus (OTCPK:ASUUY) and Acer (OTC:ACEYY), under a production-linked incentive scheme for IT hardware aimed at boosting domestic manufacturing.

These 27 companies are expectedstatement

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