Government likely to roll out mobile PLI 2.0 with outlay of over $5 billion by May
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The government is expected to introduce a new version of its production-linked incentive (PLI) scheme for mobile phones, with an outlay of over $5 billion, by May. The move is seen as an effort to boost mobile phone exports, with some reports suggesting that major manufacturers such as Apple and Samsung may benefit from the scheme. The exact details and timing of the rollout are not certain, but it is reported to be imminent, with the current scheme nearing expiry.
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