For the first time, India should make the most of a laptop in the home

Copyright © HT Digital Streams Limit all rights reserved. Companies Shouvik Das 4 min Read 19 Apr 2025, 06:00 AM IST Union It Minister Ashwini Vaishnaw (Center) with the CEO of VVDN Technologies Puneet Agarwal (Extreme Left) on Friday at the company’s manesar manufacturing plant. Summary Punet Agarwal, CEO of VVDN Technologies, said that the laptop’s manufacturing process earns 40% in adding domestic value with its new mounting course – which crosses 50% as soon as the product is designed. Manesar, Haryana headquarters original electronic designer and manufacturer VVDN Technologies inaugurated on Friday to make laptops locally, and a facility to manufacture components for telecommunications and networking devices. The new facilities, together with VVDN’s internal design capacity, will make it the first time that more than 50% of the cost of making a laptop will contribute to the revenue generated from India. In an interview with Mint, VVDN Technologies CEO Puneet Agarwal said that the company with its new local manufacturing efforts already saw 40% of the cost of a laptop contributing to domestic income. “All of these efforts contribute to the addition of 10-40% to the addition of domestic value. We are already exporting laptops from our mounting lane, where 40% of the income accounts for the addition of domestic value,” he said. “We are also a designed manufacturer, and all our product reference designs are internal. When we consider the design aspect, the domestic value we add to the telecommunications equipment and laptops are far above 50%,” Agarwal added. Also read: Google Pixel 9A: A top-smart smartphone in the price of domestic value adding refers to the net income generated from operations within a country without depending on imports. This includes manufacturing components, the acquisition of raw materials, the production of equipment for the manufacturing process and the design of the device made. VVDN’s announcement on Friday is the first one after the center approved an incentive scheme of $ 2.7 billion on March 28, where the trade union government will provide up to 10% turnover-linked incentive and up to 25% capital expenditure-based incentive for electronic firms that will build devices, components and specialized manufacturing equipment. Union It Minister Ashwini Vaishnaw, who inaugurated VVDN’s meeting on Friday, said the move could give us a big advantage compared to many other countries, which do not have as much design talent. ” Picking dividends VVDN, on this note, will be an applicant of the center’s incentive scheme to maximize the cash flow and broaden its operating margin. “Electronics manufacturing is doing about 2.5 million people today, handling some of the most complicated equipment. The sector has increased by 5x over the past ten years. The sector amounted to $ 130 billion today. The export of electronics has risen by 6x over the past ten years, and that has had $ 40 billion dollars,” Vaishnaw said. VVDN, added Vaishnaw, has more than 5,000 design engineers in the country – “Take a large leap of the legacy systems and design products where AI is embedded in the product itself.” The move helps companies such as VVDN technologies already dividends. Agarwal told Mint the company “is already cash flow positive and has strong growth opportunities in the future.” Also read: India, Australia is investigating bilateral treaty of data to tackle cybercrime. Agarwal did not offer an income projection for the previous fiscal, that is, FY25. But the executive said that VVDN Technologies, based on its expected order book and expansion of capabilities, is not in the market for a private equity or venture capital financing round, or a public list of this financial year. “We can consider plans for a public that is about to be about for several years, but at least we have at least no fundraising plan in mind,” Agarwal said. Early this month, VVDN Technologies rolled out locally manufactured laptops for the Taiwanese electronic conglomerate brand, Asus. The company currently has a capacity of the assembly line to produce 20,000 laptops per month from its Manesar plant, which, according to Agarwal, can be erected monthly to 100,000 units, depending on the demand. Dependence on other countries outside devices, the production facility also focuses on components such as printed circuits (PCBs), formation – used to make the external casing on laptops and other devices, and tools – or mechanical equipment used to manufacture these components. In each of these, most raw materials and core components are already obtained from within India itself, Agarwal said. “In areas such as making forms, most of the operations are obtained by supply chain entities in India itself. In electronic devices such as network switches and routers, core electronics components are still imported from different countries -to which we work in the long run,” he added. Industry experts have repeatedly emphasized the dependence on India on countries such as China for core electronics and network components, and critical raw materials, such as processed network hardware and battery and battery, as the main roadblock for India’s electronic economy. Targets set by the center tried to make electronics an annual revenue generator of $ 500 billion by 2030. On April 10, Mint reported that India’s electronic exports could easily cross $ 50 billion in the next five years. Of great importance is that the analysts of the industry have said that the main goal of India, in addition to the addition of electronics and related equipment and components-is estimated to be between 10-20%. Also read: India Eyes Seat at Global Tech Patents Table with $ 4 billion designed incentive scheme “The center wants to encourage ways for private firms to significantly expand domestic value adding by focusing on local design capability, as India has a lot of design engineering talent. District chains, a more important part of a distributed chains, have Chandak, president of the industry body, India Electronics and Semiconductor Association (ISA). For VVDN technologies, which are already designed locally devices and manufacturing components to add increasing value to the Indian electronic supply chain. Download the Mint News app to get daily market updates and live business news. More Topics #Manufacturing Munt Specialties