News & Reviews:   production-linked incentive scheme

As most people know, almost everything is made in China but that could change in the future. Just recently, 16 companies have gotten formal approvals by the Indian Government to start local manufacture of consumer electronics. Among the 16 companies, both Apple and Samsung are included and this initiative is part of the $6.65 billion production-linked incentive (PLI) scheme to increase exports over the 5 years.