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Business News/ Industry / Manufacturing/  Pegatron’s new mobile phone manufacturing facility to be inaugurated on Friday
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Pegatron’s new mobile phone manufacturing facility to be inaugurated on Friday

The facility is set up under the PLI scheme, in an industrial park in Chengalpattu near Chennai

Pegatron’s India subsidiary Pegatron India, which will be operating the facility, has committed an investment worth crores during the tenure of the scheme. (Photo: AP)Premium
Pegatron’s India subsidiary Pegatron India, which will be operating the facility, has committed an investment worth crores during the tenure of the scheme. (Photo: AP)

Taiwanese electronics major Pegatron’s new mobile phone manufacturing facility will be inaugurated on Friday.

The facility is set up under the Production Linked Incentive scheme (PLI), in an industrial park in Chengalpattu near Chennai.

The Union Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar, will be attending the event as a guest of honour.

 “The PLI Scheme has catalyzed growth in India’s electronics manufacturing sector which as per Shri Chandrasekhar was in a “moribund state devastated by Flawed FTAs, corruption and red tape until the year 2014," the ministry of Electronics & IT said in a statement.

Pegatron’s India subsidiary Pegatron India, which will be operating the facility, has committed an investment worth crores during the tenure of the scheme. It is expected to generate thousands of direct jobs in the sector. It will be manufacturing and assembling mobile phones thereby augmenting mobile phone manufacturing and exports from the state of Tamil Nadu.

Apart from Pegatron, Foxconn Hon Hai Technology India Mega Development Private Limited, Dell, Ascent Circuits, Bharat FIH have also committed crores of investments in Tamil Nadu under Centre’s PLI Scheme to ramp up their capacities to make in India for the World.

 “The new Pegatron facility at Chengalpattu is expected to add to the momentum—both in terms of capacity and employment for the people of Tamil Nadu, which has emerged as one of the major electronics hardware manufacturing states, with 20% of India’s production," the statement added.

 

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ABOUT THE AUTHOR
Swati Luthra
Swati Luthra writes on climate change, water, environment and forest issues for Mint. A graduate in Psychology, Swati has been mapping India’s policy initiatives to help meet the pledges made at CoP-26 including achieving net-zero carbon emissions by 2070.
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Published: 29 Sep 2022, 08:40 PM IST
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