VVDN and Intel signed an MOU today that allows VVDN to design, develop, and manufacture Intel-based products locally. India and globally will collaborate on business, technical, and marketing engagement models.
In this strategic collaboration, VVDN will design and develop Intel-based products across key industries such as Telecom, Networking, Cloud, and 5G. Furthermore, the collaboration will involve defining product roadmaps, creating ecosystem alliances, and developing joint go-to-market strategies for Intel-based products.
As part of the Make in India initiative, the Government of India (GoI) encourages companies to develop, manufacture, and assemble products made in India and to invest in manufacturing. The government of India has launched Production Linked Incentives (PLI) scheme to boost domestic manufacturing and make it more resilient to supply chain disruptions. Mobile phone manufacturing has led to the launch of the PLI scheme for IT Hardware, Telecom & Networking. In accordance with the government’s PLI scheme, VVDN has been approved as a beneficiary.
Puneet Agarwal, CEO & Co-Founder, VVDN Technologies said, “VVDN is strongly committed to technology innovation and support customers with our strong engineering and manufacturing capabilities on the new age technologies. We are very excited to collaborate with Intel. Getting an early access to the new technologies from Intel as well as support on the local supply chain, VVDN will exemplify its positioning to be able to help our customers accelerate their next gen innovative solution development and manufacturing.