India prepares to add new incentives under PLI scheme, likely to boost Apple & Samsung

 India’s flagship smartphone manufacturing incentive program is undergoing a major overhaul, now linking government subsidies to exports and the use of locally produced components. This revamped PLI scheme aims to move beyond “screwdriver assembly” and will likely benefit major players like Apple and Samsung, while also pushing Chinese brands to increase exports. India’s flagship smartphone manufacturing incentive program is undergoing a major overhaul, now linking government subsidies to exports and the use of locally produced components. This revamped PLI scheme aims to move beyond “screwdriver assembly” and will likely benefit major players like Apple and Samsung, while also pushing Chinese brands to increase exports.