Netweb Technologies accelerates expansion and 'Made-in-India' innovation with PLI 2.0 Boost

  • Industry News
  • Dec 06,23
Netweb is actively developing new offerings, with a focus on High-Performance Computing (HPC) systems and other computing solutions.
Netweb Technologies accelerates expansion and 'Made-in-India' innovation with PLI 2.0 Boost

Netweb Technologies, a beneficiary of India's Product Linked Incentive 2.0 scheme, is fast-tracking its expansion plans. Chief Marketing Officer Hirdey Vikram revealed the acceleration, citing a 2024 completion for capacity expansion, originally slated for 2025. Netweb is actively developing new offerings, with a focus on High-Performance Computing (HPC) systems and other computing solutions. Emphasising the significance of "Made-in-India" servers, Vikram highlighted their role in addressing growing demands across sectors. The company's strategic approach involves converging compute, storage, and networking for efficient management in data centers. Vikram praised the government's PLI scheme, noting Netweb's success in PLI 1.0 and its streamlined entry into PLI 2.0. The company envisions transitioning from "Make in India" to "Made in India," reflecting its broader ambitions. Netweb's service division plays a pivotal role in facilitating digital transformations, particularly in large-scale telecom firms globally. As Netweb Technologies advances its expansion, it exemplifies the broader trajectory of India's tech industry, carving a global niche with its 'Made-in-India' label and contributing to the evolution of data centers and cloud transitions.

Source: Digitimes.com

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