VVDN Technologies, India's local EMS/ODM supplier, will manufacture India's first indigenously designed High-Performance Computing (HPC) servers, a sign of a developing local electronics manufacturing ecosystem in India thanks to lucrative incentive policies.
According to PR Newswire, under India's National Supercomputing Mission, India's Centre for Development of Advanced Computing (C-DAC) signed a contract with VVDN for manufacturing HPC servers called 'RUDRA,' which will be deployed in C-DAC's 'PARAM' series of supercomputers.
The 15-year-old VVDN has ten advanced product engineering centers and six manufacturing facilities in India, including a surface-mount technology factory, molding & tooling factory, die casting, sheet metal fabrication, product assembly, and product certification labs.
The Indian government has launched 14 incentive schemes called Production Linked Incentives (PLI) for building self-reliant manufacturing ecosystems for different industries. VVDN is eligible for four PLI schemes, including IT hardware (servers, notebooks, tablets, and AIO PCs), telecom and networking products, white goods, and automobile and auto components manufacturing.
VVDN has been accelerating its investments in India and Europe and trying to get more orders from governmental and private institutions to meet the requirements for subsidies under the PLI schemes.
According to Financial Express, with a production capacity of 100,000 tablets, VVDN aims to achieve 1 million tablet shipments by the end of 2022 and is in talks with state governments as many states are expected to procure tablets for educational purposes. VVDN is also talking with a few companies for branding and selling of 8-inch and 10-inch tablets.
PTI reported that India's Centre for Development of Telematic (C-DoT) signed an MoU with VVDN and WiSig Networks to develop 5G solutions for local design, development, manufacturing, and local deployment of 5G products and solutions.
In 2021, ElectronicsB2B, quoting sources, reported that VVDN was planning to go public within one or two years due to the increasing market size for designing and manufacturing electronics in India.