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Acer plans to manufacture & export home appliances from India

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Image Credit: inc42

Taiwanese tech giant Acer is looking to venture into the home electronics market, with plans in the pipeline to manufacture and export appliances such as water and air purifiers, refrigerators and vacuum cleaners from India. Harish Kohli, managing director, Acer India, told ET that the company is already on track to meet the targets for the first year of the revised production-linked incentive (PLI) scheme that started from April 2023 on the back of strong shipments in the commercial space and exports.