India Approves 16 Companies Including Apple Suppliers for Smartphone Plan

India on Tuesday said it was approving incentives under a federal plan to boost domestic smartphone production to 16 companies, including top Apple suppliers Foxconn, Wistron and Pegatron. India’s smartphone industry has become a showpiece for Prime Minister Narendra Modi’s “Make In India” drive. The $6.65 billion (roughly Rs. 48,894 crores) incentive scheme is part … Read more India Approves 16 Companies Including Apple Suppliers for Smartphone Plan

India Approves 16 Companies Including Apple Suppliers for Smartphone Plan

India on Tuesday said it was approving incentives under a federal plan to boost domestic smartphone production to 16 companies, including top Apple suppliers Foxconn, Wistron and Pegatron. India’s smartphone industry has become a showpiece for Prime Minister Narendra Modi’s “Make In India” drive. The $6.65 billion (roughly Rs. 48,894 crores) incentive scheme is part … Read more India Approves 16 Companies Including Apple Suppliers for Smartphone Plan

Cabinet Approves Rs. 48,000 Crores Plan to Boost Electronics Manufacturing

Cabinet has approved a Rs. 48,000 crores plan to boost electronics manufacturing and woo large investment to a country which, following Prime Minister Narendra Modi’s Make-in-India drive, has become the world’s second-biggest mobile phone manufacturer. New Delhi will provide companies a production-linked incentive of 4 percent to 6 percent on incremental sales – over base year … Read more Cabinet Approves Rs. 48,000 Crores Plan to Boost Electronics Manufacturing