Panache Digilife hits upper circuit; PLI scheme act as X-factor for the stock!

Interestingly, the company has achieved another game changer milestone

Panache is a leader in the new-age AI & IoT technology solutions with a vision to align & utilise the ‘Make in India’ and Atmanirbhar policy of the Government of India in the ICT & IoT electronics domain.  

Panache offers solutions around smart computing devices, smart & AI-based digital classrooms, smart asset management, retail IoT, healthy living solutions, AV display and pen display solutions and other contract manufacturing OEM/ODM. It is an ICT & IoT devices design, manufacturing, distribution & services company with a vision to make human life easy by way of constantly innovating in the space of technology.   

Interestingly, the company has achieved another game changer milestone as it has been selected under MSME category of Telecom Production Linked Incentive (PLI) Scheme by Ministry of Communications.  

This is the second PLI for the company after IT Hardware PLI, under which, the company is poised to manufacture IT products such as servers, laptops, tablets & AIO PC. The telecom PLI brings game-changing opportunities for the company. With these two game-changing PLI schemes, the company is poised to design and manufacture next generation IT & telecom products for the domestic as well as global customers.