City
Epaper

Netweb opens high-end computing system manufacturing facility in India, to create hundreds of jobs

By IANS | Updated: May 10, 2024 14:50 IST

New Delhi, May 10 In line with the government's 'Make in India' initiative, technology solutions provider Netweb Technologies ...

Open in App

New Delhi, May 10 In line with the government's 'Make in India' initiative, technology solutions provider Netweb Technologies on Friday inaugurated a high-end computing servers, storage and switch manufacturing facility in the country.

Located in Faridabad, the facility will enable the company to manufacture high-end computing systems based on the latest chips from Netweb's technology partners such as Intel, Nvidia and AMD.

The facility is also expected to create hundreds of local jobs and stimulate economic growth in the region.

"The ability to design and manufacture high-end technology domestically is not just a matter of pride but a strategic imperative. This achievement underscores our capacity to excel in critical areas, ensuring end-to-end capabilities for vital applications," said S. Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY).

The Netweb facility, which was inaugurated as the government’s Production Linked Incentive (PLI) 2.0 for IT hardware scheme, with its increased budgetary outlay of Rs 17,000 crore and expanded tenure to six years, is expected to generate an incremental production of Rs 3,35,000 crore.

The Centre has set a target of achieving $300 billion worth of electronics manufacturing by 2025-26, with $100 billion to come from exports.

"This facility paves the way for design, development, and manufacturing of even more advanced products within India," said Sanjay Lodha, CMD of Netweb Technologies.

In addition, the manufacturing facility will significantly enhance the country’s capability to deliver comprehensive data centre computing solutions, covering everything from design to final product.

The facility includes printed circuit board (PCB) design, manufacturing and SMT (surface mount technology) line for high-end servers, storage and switches, demonstrating advanced manufacturing skills.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

TennisThailand takes early lead over India as rain halts Billie Jean King Cup tie

NationalRajasthan CM to inspect under-construction Chambal aqueduct in Bundi tomorrow

EntertainmentLive-action 'One Piece' Season 3 to feature 'Battle of Alabasta' arc, stream in 2027

InternationalRussia, China veto Hormuz resolution as Trump’s threat looms

Entertainment‘Ramayana’ producer Namit Malhotra reacts to trolling, criticism over film’s VFX, assures better output

Technology Realted Stories

TechnologyAdani tells US judge to dismiss SEC fraud suit against him as case 'legally flawed'

TechnologyMaharashtra clears MahaGeoTech, resilience programme

TechnologyClaims of curbing dissent under IT Rules a 'myth': MeitY Secretary

TechnologyMajor cyber fraud busted in Noida, four held for duping foreign nationals

TechnologyFMCG firms should consolidate portfolios, diversify supply chains to counter global risks: Report