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Apple, Samsung, Oppo, Vivo to play a big role in Indian production

1 month ago   |   By TechRadar

The federal government in India has tweaked its production-linked incentive scheme to enable manufacturers to shift to India in a big way. The move is expected to pave the way for Apple, Samsung, Foxconn, Oppo, and Vivo, to play a larger role in local production. According to a news report in The Economic Times , “the empowered committee of secretaries met on Friday and decided to remove the clause, which evaluated plant and machinery brought into India at 40 per cent of its value, and has agreed to a few other changes so that manufacturing could shift to India in a big way”. Other...
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