India plans new incentives for mobile manufacturing to boost Apple and Samsung production
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India is planning new incentives to boost mobile manufacturing, with the goal of increasing production for companies such as Apple and Samsung. The incentives may be part of an updated production-linked incentive (PLI) scheme, with some reports suggesting a significant outlay of around $5 billion. The rollout of the new incentives is likely to happen by May, although details of the plan are not yet fully clear.
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