162.15 (5.08%) Netweb Technologies has received an incentive of Rs 5.94 crore under the Production Linked Incentive (PLI) Scheme 2.0 for IT Hardware for the period from July 1, 2023, to March 31, 2024. This approval underscores Netweb Technologies’ contribution in advancing India’s high-end computing manufacturing capabilities by providing world-class in-house design, SMT and production facilities, which are already in use for producing some of the world’s most powerful systems attached with comprehensive solutions’ ecosystem, aligning with the government’s vision of ‘Atmanirbhar Bharat’ (Self-Reliant India).
The incentive reflects the Government of India’s recognition of the company’s capabilities in delivering latest generation enterprise grade systems, scalable computing solutions and its successful adherence to the PLI Scheme’s objectives-driving domestic innovation, self-sufficiency, and global competitiveness in high-performance computing infrastructure. The incentive, granted under the Ministry of Electronics and Information Technology (MeitY)’s PLI Scheme, recognizes Netweb Technologies’ contributions to domestic IT hardware production and innovation.
Netweb Technologies is one of the country's leading high-end computing solutions (HCS) providers. It is one of the few original equipment manufacturers (OEMs) in the country and is a recipient of production-linked incentives schemes of the Government of India.