How government plans to boost manufacturing of mobile parts in India

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Times of India 2h ago

How government plans to boost manufacturing of mobile parts in India - Times of India

Quick Summary:

India Business News: NEW DELHI: The Indian government is set to introduce a new incentive scheme aimed at boosting the local production of electronic components used in mo.

India has made significant strides in mobile phone manufacturing over the past decade, becoming the second-largest manufacturer after China.

The scheme will focus on 12 out of the 30 component sub-assemblies that make up a mobile phone, with incentives tied to production, capital expenditure, and job creation.